Stratos Wealth Advisors LLC Purchases 885 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Stratos Wealth Advisors LLC lifted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,727 shares of the company’s stock after acquiring an additional 885 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,168,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in IHI. GPS Wealth Strategies Group LLC raised its holdings in iShares U.S. Medical Devices ETF by 2.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock worth $492,000 after purchasing an additional 189 shares in the last quarter. Gallacher Capital Management LLC raised its holdings in iShares U.S. Medical Devices ETF by 2.0% in the first quarter. Gallacher Capital Management LLC now owns 9,632 shares of the company’s stock worth $564,000 after purchasing an additional 190 shares in the last quarter. Continuum Advisory LLC raised its holdings in iShares U.S. Medical Devices ETF by 0.3% in the second quarter. Continuum Advisory LLC now owns 55,700 shares of the company’s stock worth $3,121,000 after purchasing an additional 193 shares in the last quarter. Sterling Investment Counsel LLC raised its holdings in iShares U.S. Medical Devices ETF by 2.2% in the second quarter. Sterling Investment Counsel LLC now owns 10,290 shares of the company’s stock worth $577,000 after purchasing an additional 223 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in iShares U.S. Medical Devices ETF by 7.1% in the first quarter. Larson Financial Group LLC now owns 3,637 shares of the company’s stock worth $213,000 after purchasing an additional 242 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of iShares U.S. Medical Devices ETF stock opened at $60.31 on Monday. The company has a market capitalization of $5.70 billion, a PE ratio of 35.18 and a beta of 0.83. The company has a 50-day simple moving average of $58.41 and a two-hundred day simple moving average of $56.73. iShares U.S. Medical Devices ETF has a one year low of $43.96 and a one year high of $60.43.

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.