NORTHSTAR ASSET MANAGEMENT Co Purchases 46,310 Shares of iShares U.S. Medical Devices ETF $IHI

NORTHSTAR ASSET MANAGEMENT Co purchased a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 46,310 shares of the company’s stock, valued at approximately $2,474,000. NORTHSTAR ASSET MANAGEMENT Co owned 0.07% of iShares U.S. Medical Devices ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Scarborough Advisors LLC bought a new stake in iShares U.S. Medical Devices ETF during the 1st quarter worth about $32,000. RMG Wealth Management LLC acquired a new position in iShares U.S. Medical Devices ETF during the 1st quarter valued at about $35,000. Merkkuri Wealth Advisors LLC acquired a new position in iShares U.S. Medical Devices ETF during the 1st quarter valued at about $53,000. Ameliora Wealth Management Ltd. bought a new position in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at about $53,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at about $100,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of NYSEARCA IHI traded up $0.05 during mid-day trading on Friday, hitting $54.92. The company’s stock had a trading volume of 2,500,502 shares, compared to its average volume of 2,595,226. iShares U.S. Medical Devices ETF has a one year low of $47.37 and a one year high of $64.71. The company’s fifty day simple moving average is $53.06 and its 200-day simple moving average is $51.89. The stock has a market cap of $3.50 billion, a price-to-earnings ratio of 30.76 and a beta of 0.82.

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.