iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Position Raised by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. raised its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 272,425 shares of the company’s stock after purchasing an additional 8,199 shares during the quarter. Baltimore Washington Financial Advisors Inc. owned about 0.29% of iShares U.S. Medical Devices ETF worth $16,133,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in iShares U.S. Medical Devices ETF by 91.1% during the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after buying an additional 246 shares in the last quarter. Global Trust Asset Management LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 400.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of iShares U.S. Medical Devices ETF by 186.3% in the 3rd quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock worth $60,000 after purchasing an additional 691 shares in the last quarter. Mather Group LLC. lifted its stake in iShares U.S. Medical Devices ETF by 52.6% during the second quarter. Mather Group LLC. now owns 1,096 shares of the company’s stock valued at $64,000 after purchasing an additional 378 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new stake in iShares U.S. Medical Devices ETF during the second quarter valued at approximately $71,000.

iShares U.S. Medical Devices ETF Stock Performance

iShares U.S. Medical Devices ETF stock opened at $60.35 on Friday. The firm has a market cap of $5.70 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 1 year low of $49.47 and a 1 year high of $60.88. The firm’s 50 day moving average price is $59.20 and its two-hundred day moving average price is $57.39.

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.