Runnymede Capital Advisors Inc. Makes New Investment in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Runnymede Capital Advisors Inc. acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,949 shares of the company’s stock, valued at approximately $289,000.

A number of other hedge funds also recently modified their holdings of IHI. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Medical Devices ETF by 127.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after acquiring an additional 674,168 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $38,896,000. Strategic Financial Concepts LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $5,978,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of iShares U.S. Medical Devices ETF by 692.7% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 108,667 shares of the company’s stock worth $6,341,000 after buying an additional 94,959 shares during the period. Finally, Kingsview Wealth Management LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 71.7% during the 4th quarter. Kingsview Wealth Management LLC now owns 206,678 shares of the company’s stock worth $12,060,000 after buying an additional 86,315 shares during the period.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $59.61 on Friday. The company has a market capitalization of $4.69 billion, a PE ratio of 31.88 and a beta of 0.90. iShares U.S. Medical Devices ETF has a one year low of $53.72 and a one year high of $65.18. The business has a 50 day simple moving average of $62.72 and a 200 day simple moving average of $60.52.

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.