Union Bancaire Privee UBP SA Takes $196,000 Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Union Bancaire Privee UBP SA acquired a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,480 shares of the company’s stock, valued at approximately $196,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $33,000. RPg Family Wealth Advisory LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter valued at approximately $35,000. Aspect Partners LLC purchased a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $35,000. Finally, Synergy Asset Management LLC acquired a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth $49,000.

iShares U.S. Medical Devices ETF Trading Down 1.1 %

Shares of NYSEARCA IHI opened at $63.98 on Wednesday. The stock has a market capitalization of $6.05 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The stock has a fifty day simple moving average of $61.95 and a 200-day simple moving average of $60.10.

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.