Future Financial Wealth Managment LLC Takes $182,000 Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Future Financial Wealth Managment LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,080 shares of the company’s stock, valued at approximately $182,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IHI. Headlands Technologies LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 1st quarter valued at $27,000. GAMMA Investing LLC raised its position in shares of iShares U.S. Medical Devices ETF by 91.1% during the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after purchasing an additional 246 shares during the period. BNP Paribas bought a new stake in shares of iShares U.S. Medical Devices ETF during the 1st quarter valued at $35,000. Livelsberger Financial Advisory bought a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at $39,000. Finally, Mather Group LLC. bought a new stake in shares of iShares U.S. Medical Devices ETF during the 1st quarter valued at $39,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of IHI stock opened at $58.23 on Wednesday. The company has a market capitalization of $5.50 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a one year low of $43.96 and a one year high of $60.11. The company’s fifty day moving average price is $57.83 and its 200-day moving average price is $56.66.

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.