Strategic Investment Solutions Inc. IL Takes Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Strategic Investment Solutions Inc. IL purchased a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,295 shares of the company’s stock, valued at approximately $491,000.

A number of other large investors also recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC raised its position in shares of iShares U.S. Medical Devices ETF by 2.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock worth $492,000 after purchasing an additional 189 shares during the last quarter. Gallacher Capital Management LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 2.0% during the first quarter. Gallacher Capital Management LLC now owns 9,632 shares of the company’s stock valued at $564,000 after acquiring an additional 190 shares during the last quarter. Continuum Advisory LLC raised its stake in iShares U.S. Medical Devices ETF by 0.3% in the 2nd quarter. Continuum Advisory LLC now owns 55,700 shares of the company’s stock valued at $3,121,000 after purchasing an additional 193 shares during the last quarter. Sterling Investment Counsel LLC boosted its stake in iShares U.S. Medical Devices ETF by 2.2% during the 2nd quarter. Sterling Investment Counsel LLC now owns 10,290 shares of the company’s stock worth $577,000 after purchasing an additional 223 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 7.1% during the first quarter. Larson Financial Group LLC now owns 3,637 shares of the company’s stock worth $213,000 after buying an additional 242 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA IHI traded down $0.03 during mid-day trading on Friday, reaching $59.29. The company’s stock had a trading volume of 43,824 shares, compared to its average volume of 853,785. The stock has a market capitalization of $5.60 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $60.43. The stock has a 50-day moving average of $58.68 and a two-hundred day moving average of $56.80.

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.