40,305 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Acquired by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 40,305 shares of the company’s stock, valued at approximately $2,352,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at $28,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth $33,000. RPg Family Wealth Advisory LLC acquired a new stake in iShares U.S. Medical Devices ETF during the third quarter valued at $35,000. Aspect Partners LLC purchased a new position in iShares U.S. Medical Devices ETF in the fourth quarter valued at about $35,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in iShares U.S. Medical Devices ETF in the 4th quarter worth about $37,000.

iShares U.S. Medical Devices ETF Price Performance

IHI opened at $59.52 on Wednesday. The company has a market capitalization of $4.68 billion, a PE ratio of 31.88 and a beta of 0.90. The business has a 50-day moving average of $62.74 and a 200-day moving average of $60.52. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $65.18.

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.