Henrickson Nauta Wealth Advisors Inc. Invests $250,000 in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Henrickson Nauta Wealth Advisors Inc. purchased a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,279 shares of the company’s stock, valued at approximately $250,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton boosted its holdings in iShares U.S. Medical Devices ETF by 9.1% during the fourth quarter. Rosenberg Matthew Hamilton now owns 3,090 shares of the company’s stock worth $180,000 after purchasing an additional 257 shares during the last quarter. AAFMAA Wealth Management & Trust LLC boosted its holdings in iShares U.S. Medical Devices ETF by 2.3% during the fourth quarter. AAFMAA Wealth Management & Trust LLC now owns 21,896 shares of the company’s stock worth $1,278,000 after purchasing an additional 492 shares during the last quarter. Dale Q Rice Investment Management Ltd purchased a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth about $4,247,000. Salem Investment Counselors Inc. boosted its holdings in iShares U.S. Medical Devices ETF by 41.5% during the fourth quarter. Salem Investment Counselors Inc. now owns 4,686 shares of the company’s stock worth $273,000 after purchasing an additional 1,375 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth about $654,000.

iShares U.S. Medical Devices ETF Stock Performance

iShares U.S. Medical Devices ETF stock opened at $59.74 on Wednesday. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $61.28. The stock has a market cap of $5.65 billion, a PE ratio of 35.18 and a beta of 0.83. The firm’s 50-day simple moving average is $59.78 and its 200 day simple moving average is $58.34.

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.