Moneco Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 44,376 shares of the company’s stock, valued at approximately $2,270,000.
Other institutional investors also recently bought and sold shares of the company. Annex Advisory Services LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $33,602,000. Envestnet Asset Management Inc. increased its stake in iShares U.S. Medical Devices ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 658,740 shares of the company’s stock valued at $32,548,000 after purchasing an additional 4,089 shares in the last quarter. Hamilton Wealth LLC increased its stake in iShares U.S. Medical Devices ETF by 222.7% during the 1st quarter. Hamilton Wealth LLC now owns 263,760 shares of the company’s stock valued at $14,072,000 after purchasing an additional 182,020 shares in the last quarter. Congress Asset Management Co. acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter valued at approximately $13,481,000. Finally, Commonwealth Equity Services LLC acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter valued at approximately $8,322,000.
iShares U.S. Medical Devices ETF Trading Up 0.2%
NYSEARCA IHI opened at $58.17 on Thursday. The company has a fifty day simple moving average of $53.47 and a two-hundred day simple moving average of $53.52. The stock has a market cap of $4.07 billion, a P/E ratio of 30.76 and a beta of 0.81. iShares U.S. Medical Devices ETF has a 12-month low of $47.37 and a 12-month high of $64.71.
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.
See Also
- Five stocks we like better than iShares U.S. Medical Devices ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Want to see what other hedge funds are holding IHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report).
Receive News & Ratings for iShares U.S. Medical Devices ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Medical Devices ETF and related companies with MarketBeat.com's FREE daily email newsletter.
