TD Private Client Wealth LLC Increases Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

TD Private Client Wealth LLC raised its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 49.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 936 shares of the company’s stock after buying an additional 311 shares during the period. TD Private Client Wealth LLC’s holdings in iShares U.S. Medical Devices ETF were worth $55,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC grew its stake in iShares U.S. Medical Devices ETF by 5,167.0% in the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares during the period. Gimbal Financial purchased a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter worth about $6,609,000. Strategic Financial Concepts LLC acquired a new position in shares of iShares U.S. Medical Devices ETF during the 2nd quarter worth about $58,000. Millington Financial Advisors LLC lifted its stake in iShares U.S. Medical Devices ETF by 618.3% in the 2nd quarter. Millington Financial Advisors LLC now owns 56,919 shares of the company’s stock valued at $3,190,000 after buying an additional 48,995 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in iShares U.S. Medical Devices ETF by 11.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 400,501 shares of the company’s stock worth $22,444,000 after buying an additional 41,737 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

Shares of iShares U.S. Medical Devices ETF stock opened at $59.42 on Tuesday. The stock has a market capitalization of $5.62 billion, a P/E ratio of 35.18 and a beta of 0.83. The business has a 50 day simple moving average of $59.73 and a two-hundred day simple moving average of $57.91. iShares U.S. Medical Devices ETF has a 12 month low of $52.50 and a 12 month high of $61.28.

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.