iShares U.S. Medical Devices ETF $IHI Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 15.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 300,387 shares of the company’s stock after acquiring an additional 40,785 shares during the period. Cetera Investment Advisers’ holdings in iShares U.S. Medical Devices ETF were worth $18,816,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Banque Cantonale Vaudoise bought a new position in iShares U.S. Medical Devices ETF during the 1st quarter worth $1,937,000. Atlantic Union Bankshares Corp acquired a new position in shares of iShares U.S. Medical Devices ETF during the second quarter valued at $89,000. Stephens Inc. AR boosted its holdings in shares of iShares U.S. Medical Devices ETF by 9.2% during the second quarter. Stephens Inc. AR now owns 9,167 shares of the company’s stock valued at $574,000 after acquiring an additional 769 shares during the period. Meridian Investment Counsel Inc. grew its position in shares of iShares U.S. Medical Devices ETF by 3.1% during the second quarter. Meridian Investment Counsel Inc. now owns 20,663 shares of the company’s stock worth $1,294,000 after acquiring an additional 625 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 0.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 105,900 shares of the company’s stock worth $6,634,000 after acquiring an additional 712 shares during the period.

iShares U.S. Medical Devices ETF Stock Up 0.2%

Shares of NYSEARCA:IHI opened at $61.80 on Wednesday. The company’s 50-day moving average price is $60.71 and its 200 day moving average price is $61.17. iShares U.S. Medical Devices ETF has a fifty-two week low of $52.90 and a fifty-two week high of $65.18. The company has a market cap of $4.22 billion, a PE ratio of 30.76 and a beta of 0.89.

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.