Hudock Inc. Invests $215,000 in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Hudock Inc. bought a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,665 shares of the company’s stock, valued at approximately $215,000.

Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC lifted its position in iShares U.S. Medical Devices ETF by 5,065.2% in the fourth quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock valued at $51,179,000 after purchasing an additional 929,926 shares during the period. Meitav Investment House Ltd. increased its holdings in 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 in the last quarter. Modera Wealth Management LLC purchased a new position in iShares U.S. Medical Devices ETF in the third quarter valued at about $19,830,000. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new position in iShares U.S. Medical Devices ETF in the fourth quarter valued at about $20,811,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in iShares U.S. Medical Devices ETF by 5,532.7% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 356,326 shares of the company’s stock valued at $19,231,000 after buying an additional 350,000 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock traded down $0.48 during mid-day trading on Monday, reaching $55.34. The company had a trading volume of 447,205 shares, compared to its average volume of 1,001,610. iShares U.S. Medical Devices ETF has a 1 year low of $43.96 and a 1 year high of $59.14. The company has a market capitalization of $5.23 billion, a P/E ratio of 35.18 and a beta of 0.83. The stock’s 50-day simple moving average is $55.85 and its 200-day simple moving average is $56.08.

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.