Solutions 4 Wealth Ltd Buys New Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Solutions 4 Wealth Ltd purchased a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHIFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 15,248 shares of the company’s stock, valued at approximately $823,000. iShares U.S. Medical Devices ETF comprises approximately 2.7% of Solutions 4 Wealth Ltd’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Buck Wealth Strategies LLC acquired a new position in iShares U.S. Medical Devices ETF in the third quarter valued at $26,000. Provence Wealth Management Group acquired a new stake in shares of iShares U.S. Medical Devices ETF in the third quarter worth approximately $43,000. Planned Solutions Inc. acquired a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth approximately $49,000. Arvest Investments Inc. purchased a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth approximately $52,000. Finally, Register Financial Advisors LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at $86,000.

iShares U.S. Medical Devices ETF Stock Up 0.3 %

Shares of IHI stock traded up $0.14 on Thursday, reaching $55.16. 1,055,303 shares of the stock were exchanged, compared to its average volume of 1,179,872. The stock has a market cap of $5.26 billion, a P/E ratio of 34.68 and a beta of 0.82. The firm has a 50 day moving average of $56.92 and a two-hundred day moving average of $53.62. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $59.14.

iShares U.S. Medical Devices ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

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