8,520 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Acquired by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. bought a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 8,520 shares of the company’s stock, valued at approximately $505,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Assetmark Inc. boosted its stake in shares of iShares U.S. Medical Devices ETF by 20.7% in the 3rd quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock valued at $96,000 after purchasing an additional 277 shares in the last quarter. Armor Investment Advisors LLC lifted its stake in iShares U.S. Medical Devices ETF by 2.8% in the third quarter. Armor Investment Advisors LLC now owns 39,214 shares of the company’s stock worth $2,322,000 after purchasing an additional 1,078 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new stake in iShares U.S. Medical Devices ETF during the third quarter valued at about $211,000. Oak Root LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 2.2% during the third quarter. Oak Root LLC now owns 90,822 shares of the company’s stock valued at $5,378,000 after buying an additional 1,993 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 0.5% in the third quarter. Janney Montgomery Scott LLC now owns 119,315 shares of the company’s stock worth $7,066,000 after buying an additional 591 shares during the period.

iShares U.S. Medical Devices ETF Price Performance

Shares of IHI stock opened at $60.14 on Friday. The business has a 50-day moving average of $58.95 and a 200 day moving average of $57.07. iShares U.S. Medical Devices ETF has a 1-year low of $45.03 and a 1-year high of $60.88. The stock has a market capitalization of $5.68 billion, a PE ratio of 35.18 and a beta of 0.83.

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.