iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Bought by RFG Advisory LLC

RFG Advisory LLC raised its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 15,350 shares of the company’s stock after purchasing an additional 990 shares during the period. RFG Advisory LLC’s holdings in iShares U.S. Medical Devices ETF were worth $860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. CMH Wealth Management LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 1.8% during the second quarter. CMH Wealth Management LLC now owns 92,056 shares of the company’s stock worth $5,159,000 after buying an additional 1,642 shares during the period. Global Trust Asset Management LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 400.0% during the second quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $42,000 after buying an additional 600 shares during the period. CWM LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 6.8% during the second quarter. CWM LLC now owns 17,811 shares of the company’s stock worth $998,000 after buying an additional 1,138 shares during the period. Lake Hills Wealth Management LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the second quarter worth about $4,160,000. Finally, Lynx Investment Advisory acquired a new stake in shares of iShares U.S. Medical Devices ETF during the second quarter worth about $118,000.

iShares U.S. Medical Devices ETF Trading Down 0.5 %

Shares of IHI traded down $0.26 during mid-day trading on Monday, hitting $55.56. 314,319 shares of the company’s stock were exchanged, compared to its average volume of 972,671. iShares U.S. Medical Devices ETF has a fifty-two week low of $43.96 and a fifty-two week high of $59.14. The firm has a market capitalization of $5.25 billion, a P/E ratio of 35.18 and a beta of 0.83. The business’s 50 day moving average is $55.79 and its two-hundred day moving average is $56.30.

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.