Union Bancaire Privee UBP SA Invests $196,000 in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Union Bancaire Privee UBP SA acquired a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the fourth quarter, HoldingsChannel reports. The firm acquired 3,480 shares of the company’s stock, valued at approximately $196,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. WESPAC Advisors LLC raised its stake in iShares U.S. Medical Devices ETF by 6.7% during the 4th quarter. WESPAC Advisors LLC now owns 15,994 shares of the company’s stock worth $933,000 after acquiring an additional 1,001 shares in the last quarter. Variant Private Wealth LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth about $1,330,000. Aspect Partners LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth about $35,000. Concurrent Investment Advisors LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 24.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 10,707 shares of the company’s stock valued at $625,000 after purchasing an additional 2,130 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 35.4% in the 4th quarter. Global Retirement Partners LLC now owns 5,843 shares of the company’s stock valued at $341,000 after purchasing an additional 1,527 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 1.1 %

IHI opened at $63.98 on Wednesday. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $65.18. The business’s 50 day moving average is $61.95 and its two-hundred day moving average is $60.10. The firm has a market cap of $6.05 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

About iShares U.S. Medical Devices ETF

The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select \u002F Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is managed by BlackRock.