Strategic Wealth Partners Ltd. Increases Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Strategic Wealth Partners Ltd. raised its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 138,767 shares of the company’s stock after purchasing an additional 4,111 shares during the period. Strategic Wealth Partners Ltd.’s holdings in iShares U.S. Medical Devices ETF were worth $8,218,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IHI. Continuum Advisory LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $3,484,000. Virtu Financial LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 88.4% in the fourth quarter. Virtu Financial LLC now owns 44,662 shares of the company’s stock valued at $2,410,000 after acquiring an additional 20,955 shares during the period. Centaurus Financial Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 37.2% in the fourth quarter. Centaurus Financial Inc. now owns 103,092 shares of the company’s stock valued at $5,564,000 after acquiring an additional 27,958 shares during the period. Scarborough Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $78,000. Finally, Transcendent Capital Group LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $119,000.

iShares U.S. Medical Devices ETF Trading Up 1.5 %

IHI stock opened at $58.23 on Wednesday. The company has a market capitalization of $5.50 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $43.96 and a twelve month high of $60.11. The business has a 50 day simple moving average of $57.83 and a 200-day simple moving average of $56.66.

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.