Northwest Financial Advisors Grows Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Northwest Financial Advisors lifted its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 68.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,069 shares of the company’s stock after purchasing an additional 1,658 shares during the period. Northwest Financial Advisors’ holdings in iShares U.S. Medical Devices ETF were worth $237,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IHI. Concord Wealth Partners raised its holdings in iShares U.S. Medical Devices ETF by 8.7% in the 3rd quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock valued at $128,000 after acquiring an additional 173 shares during the last quarter. LaFleur & Godfrey LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 6.4% in the fourth quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after purchasing an additional 228 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position 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 buying an additional 257 shares in the last quarter. Assetmark Inc. boosted its stake in iShares U.S. Medical Devices ETF by 20.7% during the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after buying an additional 277 shares during the last quarter. Finally, TD Private Client Wealth LLC grew its holdings in iShares U.S. Medical Devices ETF by 49.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after buying an additional 311 shares in the last quarter.

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

NYSEARCA IHI opened at $64.32 on Tuesday. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $64.35. The business’s fifty day simple moving average is $60.28 and its 200-day simple moving average is $58.83. The firm has a market cap of $6.08 billion, a PE ratio of 35.18 and a beta of 0.83.

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.