Glenview Trust co Increases Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Glenview Trust co lifted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,905 shares of the company’s stock after buying an additional 1,000 shares during the quarter. Glenview Trust co’s holdings in iShares U.S. Medical Devices ETF were worth $1,103,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Montis Financial LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $1,522,000. HighTower Advisors LLC lifted its stake in iShares U.S. Medical Devices ETF by 15.5% in the 4th quarter. HighTower Advisors LLC now owns 236,462 shares of the company’s stock worth $13,798,000 after purchasing an additional 31,732 shares in the last quarter. Global View Capital Management LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $202,000. Independent Advisor Alliance purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $4,023,000. Finally, Paragon Private Wealth Management LLC lifted its stake in iShares U.S. Medical Devices ETF by 7.3% in the 4th quarter. Paragon Private Wealth Management LLC now owns 12,209 shares of the company’s stock worth $712,000 after purchasing an additional 826 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA IHI opened at $59.81 on Tuesday. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $65.18. The stock has a market capitalization of $4.70 billion, a PE ratio of 31.88 and a beta of 0.90. The company’s 50 day simple moving average is $62.74 and its two-hundred day simple moving average is $60.52.

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.