3,766 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Bought by Peterson Wealth Services

Peterson Wealth Services bought a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the fourth quarter, HoldingsChannel reports. The fund bought 3,766 shares of the company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Morgan Stanley increased its holdings in iShares U.S. Medical Devices ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 3,915,871 shares of the company’s stock worth $205,857,000 after purchasing an additional 245,906 shares in the last quarter. Meitav Investment House Ltd. increased its stake in shares of iShares U.S. Medical Devices ETF by 16.6% in the fourth quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock valued at $165,507,000 after buying an additional 436,752 shares during the period. UBS Group AG increased its stake in shares of iShares U.S. Medical Devices ETF by 2.1% in the first quarter. UBS Group AG now owns 1,813,118 shares of the company’s stock valued at $110,527,000 after buying an additional 37,743 shares during the period. Royal Bank of Canada increased its stake in shares of iShares U.S. Medical Devices ETF by 0.6% in the first quarter. Royal Bank of Canada now owns 1,210,875 shares of the company’s stock valued at $73,815,000 after buying an additional 7,739 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of iShares U.S. Medical Devices ETF by 25.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,178,217 shares of the company’s stock valued at $57,144,000 after purchasing an additional 241,824 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

Shares of iShares U.S. Medical Devices ETF stock opened at $54.50 on Friday. The stock’s 50-day moving average is $57.20 and its 200 day moving average is $53.07. The firm has a market cap of $5.93 billion, a price-to-earnings ratio of 33.98 and a beta of 0.85. iShares U.S. Medical Devices ETF has a one year low of $43.96 and a one 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.