Waverly Advisors LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 45.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,617 shares of the company’s stock after purchasing an additional 12,347 shares during the quarter. Waverly Advisors LLC owned 0.06% of iShares U.S. Medical Devices ETF worth $1,957,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. FWL Investment Management LLC bought a new stake in iShares U.S. Medical Devices ETF during the third quarter valued at approximately $27,000. Group One Trading LLC purchased a new position in iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $29,000. Modus Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth $30,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth $35,000. Finally, Scarborough Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the 1st quarter valued at $32,000.
iShares U.S. Medical Devices ETF Stock Performance
NYSEARCA IHI opened at $50.88 on Friday. iShares U.S. Medical Devices ETF has a 52-week low of $47.37 and a 52-week high of $64.71. The company has a market capitalization of $3.16 billion, a P/E ratio of 30.76 and a beta of 0.81. The company has a fifty day moving average of $53.18 and a 200-day moving average of $52.70.
iShares U.S. Medical Devices ETF 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.
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