Larson Financial Group LLC Increases Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Larson Financial Group LLC increased its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 57.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,256 shares of the company’s stock after acquiring an additional 2,295 shares during the quarter. Larson Financial Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $370,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IHI. GAMMA Investing LLC raised its position in shares of iShares U.S. Medical Devices ETF by 91.1% during the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after buying an additional 246 shares in the last quarter. Global Trust Asset Management LLC raised its position in 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 valued at $42,000 after purchasing an additional 600 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in iShares U.S. Medical Devices ETF during the second quarter worth about $58,000. Blue Trust Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 186.3% in the 3rd quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock worth $60,000 after purchasing an additional 691 shares in the last quarter. Finally, Mather Group LLC. increased its position in shares of iShares U.S. Medical Devices ETF by 52.6% during the 2nd quarter. Mather Group LLC. now owns 1,096 shares of the company’s stock valued at $64,000 after purchasing an additional 378 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA:IHI opened at $60.69 on Wednesday. iShares U.S. Medical Devices ETF has a 1-year low of $49.47 and a 1-year high of $60.95. The business has a 50 day moving average of $59.22 and a 200 day moving average of $57.44. The company has a market capitalization of $5.74 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

iShares U.S. Medical Devices ETF Company 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.