Armor Investment Advisors LLC Purchases 631 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Armor Investment Advisors LLC grew its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,845 shares of the company’s stock after purchasing an additional 631 shares during the period. iShares U.S. Medical Devices ETF makes up 1.0% of Armor Investment Advisors LLC’s investment portfolio, making the stock its 25th largest holding. Armor Investment Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $2,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in shares of iShares U.S. Medical Devices ETF by 127.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after purchasing an additional 674,168 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 5,167.0% during the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after purchasing an additional 744,407 shares in the last quarter. Raymond James & Associates boosted its stake in shares of iShares U.S. Medical Devices ETF by 0.5% during the 3rd quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock valued at $22,428,000 after purchasing an additional 1,756 shares in the last quarter. Wharton Business Group LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 3.0% during the 3rd quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock valued at $16,395,000 after purchasing an additional 8,070 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. boosted its stake in shares of iShares U.S. Medical Devices ETF by 3.1% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 272,425 shares of the company’s stock valued at $16,133,000 after purchasing an additional 8,199 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Up 0.9 %

Shares of IHI opened at $64.38 on Tuesday. The firm’s 50-day moving average price is $61.01 and its 200-day moving average price is $59.38. The firm has a market capitalization 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 1-year low of $53.72 and a 1-year high of $65.18.

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.