B. Riley Wealth Advisors Inc. Has $6.89 Million Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

B. Riley Wealth Advisors Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 11.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,745 shares of the company’s stock after purchasing an additional 13,602 shares during the period. B. Riley Wealth Advisors Inc. owned 0.12% of iShares U.S. Medical Devices ETF worth $6,894,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IHI. International Assets Investment Management LLC boosted its stake in iShares U.S. Medical Devices ETF by 5,065.2% during the 4th quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock worth $51,179,000 after acquiring an additional 929,926 shares during the last quarter. Meitav Investment House Ltd. raised its stake in shares of iShares U.S. Medical Devices ETF by 16.6% in the 4th quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock valued at $165,507,000 after purchasing an additional 436,752 shares during the period. Modera Wealth Management LLC acquired a new position in shares of iShares U.S. Medical Devices ETF during the third quarter worth about $19,830,000. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new position in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth about $20,811,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in iShares U.S. Medical Devices ETF by 5,532.7% in the 4th 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 during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA IHI opened at $55.85 on Tuesday. The stock has a market capitalization of $5.28 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52 week low of $43.96 and a 52 week high of $59.14. The stock’s 50 day moving average price is $55.84 and its two-hundred day moving average price is $55.68.

iShares U.S. Medical Devices ETF 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.