iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Stake Raised by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,362 shares of the company’s stock after purchasing an additional 1,368 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $2,374,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares U.S. Medical Devices ETF by 11.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,825 shares of the company’s stock worth $439,000 after buying an additional 786 shares in the last quarter. Choreo LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 4.4% in the 1st quarter. Choreo LLC now owns 19,425 shares of the company’s stock worth $1,138,000 after acquiring an additional 810 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth $2,791,000. Nations Financial Group Inc. IA ADV lifted its holdings in shares of iShares U.S. Medical Devices ETF by 1.0% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 19,628 shares of the company’s stock valued at $1,059,000 after purchasing an additional 186 shares during the last quarter. Finally, AMG National Trust Bank boosted its position in shares of iShares U.S. Medical Devices ETF by 100.0% in the 2nd quarter. AMG National Trust Bank now owns 7,776 shares of the company’s stock valued at $436,000 after purchasing an additional 3,888 shares during the period.

iShares U.S. Medical Devices ETF Trading Down 0.1 %

Shares of IHI opened at $59.42 on Friday. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $59.86. The stock has a market capitalization of $5.62 billion, a P/E ratio of 35.18 and a beta of 0.83. The business’s 50-day moving average price is $56.85 and its 200 day moving average price is $56.54.

iShares U.S. Medical Devices ETF Company Profile

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.