RiverFront Investment Group LLC Increases Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

RiverFront Investment Group LLC lifted its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 242,241 shares of the company’s stock after purchasing an additional 11,763 shares during the period. RiverFront Investment Group LLC owned about 0.22% of iShares U.S. Medical Devices ETF worth $13,073,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of IHI. International Assets Investment Management LLC boosted its holdings in iShares U.S. Medical Devices ETF by 5,065.2% in the 4th quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock worth $51,179,000 after buying an additional 929,926 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in iShares U.S. Medical Devices ETF by 3,415.6% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 750,446 shares of the company’s stock worth $36,456,000 after buying an additional 729,100 shares during the last quarter. J Arnold Wealth Management Co acquired a new position in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $24,739,000. Meitav Investment House Ltd. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 16.6% during the 4th quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock worth $165,507,000 after purchasing an additional 436,752 shares during the last quarter. Finally, Modera Wealth Management LLC acquired a new position in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $19,830,000.

iShares U.S. Medical Devices ETF Stock Up 0.5 %

Shares of iShares U.S. Medical Devices ETF stock traded up $0.26 on Friday, hitting $55.53. 864,303 shares of the company were exchanged, compared to its average volume of 1,193,135. The stock has a market capitalization of $5.29 billion, a price-to-earnings ratio of 34.68 and a beta of 0.82. The company has a 50-day moving average price of $57.03 and a 200 day moving average price of $53.38. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $59.14.

iShares U.S. Medical Devices ETF Company 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.