Millstone Evans Group LLC Makes New Investment in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Millstone Evans Group LLC acquired a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 666 shares of the company’s stock, valued at approximately $39,000.

Several other institutional investors have also modified their holdings of the company. Valley Wealth Managers Inc. increased its stake in iShares U.S. Medical Devices ETF by 0.6% in the fourth quarter. Valley Wealth Managers Inc. now owns 24,875 shares of the company’s stock valued at $1,451,000 after purchasing an additional 160 shares during the last quarter. Tyche Wealth Partners LLC grew its position in shares of iShares U.S. Medical Devices ETF by 5.0% in the 4th quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock valued at $245,000 after buying an additional 198 shares during the last quarter. Snider Financial Group lifted its position in iShares U.S. Medical Devices ETF by 0.3% in the fourth quarter. Snider Financial Group now owns 71,092 shares of the company’s stock valued at $4,148,000 after acquiring an additional 212 shares during the last quarter. LaFleur & Godfrey LLC lifted its position in iShares U.S. Medical Devices ETF by 6.4% in the fourth quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after acquiring an additional 228 shares during the last quarter. Finally, Montag A & Associates Inc. boosted its stake in iShares U.S. Medical Devices ETF by 13.7% in the fourth quarter. Montag A & Associates Inc. now owns 2,070 shares of the company’s stock valued at $121,000 after acquiring an additional 250 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

IHI opened at $60.46 on Tuesday. The stock has a market capitalization of $4.75 billion, a P/E ratio of 29.98 and a beta of 0.90. iShares U.S. Medical Devices ETF has a one year low of $53.72 and a one year high of $65.18. The business’s 50-day simple moving average is $62.73 and its 200-day simple moving average is $60.56.

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.