Larson Financial Group LLC Boosts Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Larson Financial Group LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,395 shares of the company’s stock after acquiring an additional 220 shares during the period. Larson Financial Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $183,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IHI. National Bank of Canada FI grew its stake in shares of iShares U.S. Medical Devices ETF by 1.6% during the third quarter. National Bank of Canada FI now owns 25,950 shares of the company’s stock worth $1,252,000 after acquiring an additional 397 shares during the last quarter. GHP Investment Advisors Inc. purchased a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter worth about $42,000. Meridian Wealth Management LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 71.6% during the third quarter. Meridian Wealth Management LLC now owns 17,928 shares of the company’s stock worth $870,000 after acquiring an additional 7,482 shares during the last quarter. Advisory Alpha LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 6.4% during the third quarter. Advisory Alpha LLC now owns 6,297 shares of the company’s stock worth $305,000 after purchasing an additional 379 shares during the period. Finally, Clarity Financial LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 1.2% during the third quarter. Clarity Financial LLC now owns 69,183 shares of the company’s stock worth $3,355,000 after purchasing an additional 836 shares during the period.

iShares U.S. Medical Devices ETF Stock Up 0.2 %

iShares U.S. Medical Devices ETF stock opened at $55.64 on Thursday. iShares U.S. Medical Devices ETF has a 52 week low of $43.96 and a 52 week high of $59.14. The company has a market capitalization of $5.30 billion, a price-to-earnings ratio of 34.68 and a beta of 0.82. The stock has a 50-day moving average price of $57.10 and a 200 day moving average price of $53.29.

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.