Orion Portfolio Solutions LLC Raises Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Orion Portfolio Solutions LLC grew its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,988 shares of the company’s stock after acquiring an additional 967 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,124,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC lifted its position in iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock worth $44,937,000 after buying an additional 744,407 shares during the period. Flaharty Asset Management LLC boosted its stake in iShares U.S. Medical Devices ETF by 1.9% in the 2nd quarter. Flaharty Asset Management LLC now owns 431,783 shares of the company’s stock worth $24,197,000 after buying an additional 8,241 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in iShares U.S. Medical Devices ETF by 11.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 400,501 shares of the company’s stock worth $22,444,000 after buying an additional 41,737 shares during the last quarter. Raymond James & Associates boosted its stake in iShares U.S. Medical Devices ETF by 0.5% in the 3rd quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock worth $22,428,000 after buying an additional 1,756 shares during the last quarter. Finally, RiverFront Investment Group LLC boosted its stake in iShares U.S. Medical Devices ETF by 8.7% in the 2nd quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock worth $16,298,000 after buying an additional 23,162 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.8 %

Shares of NYSEARCA:IHI opened at $59.58 on Friday. The stock’s 50-day moving average price is $59.69 and its two-hundred day moving average price is $57.86. iShares U.S. Medical Devices ETF has a 12-month low of $52.50 and a 12-month high of $61.28. The firm has a market cap of $5.63 billion, a price-to-earnings 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.