TPG Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) in the second quarter, HoldingsChannel.com reports. The firm bought 25,921 shares of the company’s stock, valued at approximately $1,453,000. iShares U.S. Medical Devices ETF makes up 1.2% of TPG Advisors LLC’s portfolio, making the stock its 24th largest position.
A number of other institutional investors and hedge funds have also made changes to their positions in IHI. Headlands Technologies LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 1st quarter worth $27,000. GAMMA Investing LLC raised its position in shares of iShares U.S. Medical Devices ETF by 91.1% in 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 last quarter. BNP Paribas purchased a new stake in iShares U.S. Medical Devices ETF during the 1st quarter worth approximately $35,000. Livelsberger Financial Advisory purchased a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth $39,000. Finally, Mather Group LLC. purchased a new stake in shares of iShares U.S. Medical Devices ETF during the first quarter valued at $39,000.
iShares U.S. Medical Devices ETF Stock Performance
iShares U.S. Medical Devices ETF stock opened at $59.12 on Friday. The business’s 50-day simple moving average is $57.20 and its two-hundred day simple moving average is $56.61. The company has a market cap of $5.59 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a fifty-two week low of $43.96 and a fifty-two week 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.
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