Tradewinds LLC. Buys Shares of 22,667 iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Tradewinds LLC. purchased a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 22,667 shares of the company’s stock, valued at approximately $1,434,000.

A number of other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Medical Devices ETF by 127.6% during the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after buying an additional 674,168 shares during the period. Raymond James Financial Inc. acquired a new position in iShares U.S. Medical Devices ETF in the 4th quarter valued at $38,896,000. LPL Financial LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 24.7% during the 4th quarter. LPL Financial LLC now owns 2,237,467 shares of the company’s stock worth $130,556,000 after purchasing an additional 442,603 shares during the period. Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth $5,978,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of iShares U.S. Medical Devices ETF by 692.7% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 108,667 shares of the company’s stock valued at $6,341,000 after purchasing an additional 94,959 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 1.3 %

iShares U.S. Medical Devices ETF stock opened at $60.19 on Tuesday. The stock has a fifty day moving average price of $62.62 and a 200 day moving average price of $60.60. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $65.18. The firm has a market capitalization of $4.73 billion, a P/E ratio of 29.98 and a beta of 0.90.

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.