Variant Private Wealth LLC acquired a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 22,795 shares of the company’s stock, valued at approximately $1,330,000. iShares U.S. Medical Devices ETF accounts for about 1.3% of Variant Private Wealth LLC’s holdings, making the stock its 21st largest holding.
Several other large investors have also recently bought and sold shares of IHI. Assetmark Inc. increased its position in shares of iShares U.S. Medical Devices ETF by 20.7% during the 3rd quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after purchasing an additional 277 shares in the last quarter. Raymond James & Associates raised its position in shares of 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 valued at $22,428,000 after acquiring an additional 1,756 shares during the period. International Assets Investment Management LLC raised its position in shares of iShares U.S. Medical Devices ETF by 5,167.0% in the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares during the period. Private Advisor Group LLC raised its holdings in iShares U.S. Medical Devices ETF by 10.0% during the 3rd quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock worth $3,924,000 after buying an additional 6,022 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in iShares U.S. Medical Devices ETF by 127.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after buying an additional 674,168 shares during the period.
iShares U.S. Medical Devices ETF Stock Down 0.7 %
NYSEARCA IHI opened at $64.36 on Friday. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $65.18. The company has a market capitalization of $6.08 billion, a PE ratio of 35.18 and a beta of 0.83. The firm’s 50 day moving average is $61.75 and its 200-day moving average is $59.91.
About iShares U.S. Medical Devices ETF
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.
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