Virtu Financial LLC Purchases Shares of 19,970 iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Virtu Financial LLC acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 19,970 shares of the company’s stock, valued at approximately $1,119,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IHI. Headlands Technologies LLC purchased a new stake in iShares U.S. Medical Devices ETF during the 1st quarter valued at $27,000. GAMMA Investing LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 91.1% during the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after acquiring an additional 246 shares during the last quarter. BNP Paribas purchased a new stake in shares of iShares U.S. Medical Devices ETF during the first quarter worth about $35,000. Livelsberger Financial Advisory bought a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $39,000. Finally, Mather Group LLC. purchased a new position in iShares U.S. Medical Devices ETF during the 1st quarter valued at about $39,000.

iShares U.S. Medical Devices ETF Price Performance

IHI opened at $58.83 on Thursday. iShares U.S. Medical Devices ETF has a one year low of $43.96 and a one year high of $60.11. The business has a 50 day simple moving average of $57.02 and a two-hundred day simple moving average of $56.57. The firm has a market capitalization of $5.56 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

About iShares U.S. Medical Devices ETF

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.