C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Buys 94,959 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 692.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 108,667 shares of the company’s stock after acquiring an additional 94,959 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned about 0.11% of iShares U.S. Medical Devices ETF worth $6,341,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IHI. Concord Wealth Partners boosted its holdings in shares of iShares U.S. Medical Devices ETF by 8.7% during the 3rd quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock valued at $128,000 after purchasing an additional 173 shares during the last quarter. Tyche Wealth Partners LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 5.0% in the fourth quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock worth $245,000 after buying an additional 198 shares in the last quarter. LaFleur & Godfrey LLC boosted its stake in iShares U.S. Medical Devices ETF by 6.4% during the fourth quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after buying an additional 228 shares during the last quarter. Rosenberg Matthew Hamilton grew its holdings in iShares U.S. Medical Devices ETF by 9.1% during the 4th quarter. Rosenberg Matthew Hamilton now owns 3,090 shares of the company’s stock valued at $180,000 after buying an additional 257 shares in the last quarter. Finally, Assetmark Inc. increased its stake in iShares U.S. Medical Devices ETF by 20.7% in the 3rd quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after acquiring an additional 277 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

Shares of IHI opened at $63.86 on Thursday. The business’s 50 day simple moving average is $61.13 and its 200-day simple moving average is $59.48. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $65.18. The stock has a market capitalization of $6.03 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

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.