Concurrent Investment Advisors LLC Acquires 2,130 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Concurrent Investment Advisors LLC increased its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 24.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,707 shares of the company’s stock after purchasing an additional 2,130 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $625,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Assetmark Inc. boosted its stake in iShares U.S. Medical Devices ETF by 20.7% in the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock valued at $96,000 after acquiring an additional 277 shares in the last quarter. International Assets Investment Management LLC boosted its stake in iShares U.S. Medical Devices ETF by 5,167.0% in the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares in the last quarter. Private Advisor Group LLC boosted its stake in iShares U.S. Medical Devices ETF by 10.0% in the third quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock valued at $3,924,000 after acquiring an additional 6,022 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares U.S. Medical Devices ETF by 127.6% in the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after acquiring an additional 674,168 shares in the last quarter. Finally, Blue Trust Inc. boosted its stake in iShares U.S. Medical Devices ETF by 86.5% in the fourth quarter. Blue Trust Inc. now owns 1,981 shares of the company’s stock valued at $116,000 after acquiring an additional 919 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 0.7 %

Shares of IHI opened at $64.36 on Monday. The company has a market cap of $6.08 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The company has a 50 day moving average of $61.75 and a two-hundred day moving average of $59.98.

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.