Tyche Wealth Partners LLC Acquires 198 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Tyche Wealth Partners LLC raised its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,198 shares of the company’s stock after purchasing an additional 198 shares during the quarter. Tyche Wealth Partners LLC’s holdings in iShares U.S. Medical Devices ETF were worth $245,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IHI. International Assets Investment Management LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 5,167.0% in the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after purchasing an additional 744,407 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Medical Devices ETF by 127.6% in the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after acquiring an additional 674,168 shares during the last quarter. Gimbal Financial acquired a new stake in shares of iShares U.S. Medical Devices ETF in the third quarter valued at about $6,609,000. Dale Q Rice Investment Management Ltd acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $4,247,000. Finally, Valicenti Advisory Services Inc. acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $3,517,000.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA:IHI opened at $64.04 on Friday. The stock’s 50-day simple moving average is $60.88 and its 200 day simple moving average is $59.24. The company has a market cap of $6.05 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $65.18.

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.