34,827 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Purchased by Primoris Wealth Advisors LLC

Primoris Wealth Advisors LLC acquired a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Get Rating) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 34,827 shares of the company’s stock, valued at approximately $2,299,000. iShares U.S. Medical Devices ETF makes up about 1.9% of Primoris Wealth Advisors LLC’s holdings, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IHI. Moors & Cabot Inc. boosted its position in iShares U.S. Medical Devices ETF by 56.1% during the third quarter. Moors & Cabot Inc. now owns 25,000 shares of the company’s stock worth $27,000 after purchasing an additional 8,986 shares during the period. McCarthy Asset Management Inc. boosted its position in iShares U.S. Medical Devices ETF by 500.0% during the third quarter. McCarthy Asset Management Inc. now owns 426 shares of the company’s stock worth $27,000 after purchasing an additional 355 shares during the period. West Financial Advisors LLC bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth about $27,000. Mark Sheptoff Financial Planning LLC boosted its position in iShares U.S. Medical Devices ETF by 500.0% during the third quarter. Mark Sheptoff Financial Planning LLC now owns 450 shares of the company’s stock worth $28,000 after purchasing an additional 375 shares during the period. Finally, Evolution Wealth Advisors LLC boosted its position in iShares U.S. Medical Devices ETF by 500.0% during the third quarter. Evolution Wealth Advisors LLC now owns 480 shares of the company’s stock worth $30,000 after purchasing an additional 400 shares during the period.

NYSEARCA:IHI traded down $1.40 on Friday, reaching $55.02. 1,473,720 shares of the company’s stock were exchanged, compared to its average volume of 1,490,915. iShares U.S. Medical Devices ETF has a 52 week low of $54.93 and a 52 week high of $67.29. The stock has a fifty day simple moving average of $59.16 and a 200-day simple moving average of $61.46.

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