iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Stock Holdings Boosted by RiverFront Investment Group LLC

RiverFront Investment Group LLC grew its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 8.7% during the 2nd quarter, Holdings Channel reports. The firm owned 290,829 shares of the company’s stock after purchasing an additional 23,162 shares during the period. RiverFront Investment Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $16,298,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IHI. Flaharty Asset Management LLC raised its position in iShares U.S. Medical Devices ETF by 1.9% in the second quarter. Flaharty Asset Management LLC now owns 431,783 shares of the company’s stock worth $24,197,000 after acquiring an additional 8,241 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of 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 purchasing an additional 41,737 shares in the last quarter. Raymond James & Associates lifted its stake in iShares U.S. Medical Devices ETF by 0.8% during the second quarter. Raymond James & Associates now owns 376,971 shares of the company’s stock valued at $21,125,000 after purchasing an additional 3,020 shares during the last quarter. Baltimore Washington Financial Advisors Inc. boosted its holdings in iShares U.S. Medical Devices ETF by 7.1% during the second quarter. Baltimore Washington Financial Advisors Inc. now owns 264,226 shares of the company’s stock worth $14,807,000 after buying an additional 17,605 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of iShares U.S. Medical Devices ETF by 3.9% in the second quarter. Cetera Investment Advisers now owns 243,033 shares of the company’s stock valued at $13,620,000 after buying an additional 9,199 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA:IHI opened at $58.54 on Wednesday. The company has a market capitalization of $5.53 billion, a PE ratio of 35.18 and a beta of 0.83. The stock has a fifty day moving average of $57.52 and a 200-day moving average of $56.63. iShares U.S. Medical Devices ETF has a one year low of $43.96 and a one year high of $60.11.

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.