iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Position Boosted by WESPAC Advisors LLC

WESPAC Advisors LLC lifted its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,994 shares of the company’s stock after purchasing an additional 1,001 shares during the period. WESPAC Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $933,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Variant Private Wealth LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth about $1,330,000. Aspect Partners LLC acquired a new stake in iShares U.S. Medical Devices ETF during the fourth quarter worth about $35,000. Concurrent Investment Advisors LLC raised its stake in iShares U.S. Medical Devices ETF by 24.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 10,707 shares of the company’s stock worth $625,000 after acquiring an additional 2,130 shares during the period. Global Retirement Partners LLC raised its stake in iShares U.S. Medical Devices ETF by 35.4% during the fourth quarter. Global Retirement Partners LLC now owns 5,843 shares of the company’s stock worth $341,000 after acquiring an additional 1,527 shares during the period. Finally, Valley Wealth Managers Inc. raised its stake in iShares U.S. Medical Devices ETF by 0.6% during the fourth quarter. Valley Wealth Managers Inc. now owns 24,875 shares of the company’s stock worth $1,451,000 after acquiring an additional 160 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 0.7 %

IHI opened at $64.36 on Friday. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $65.18. The company’s 50-day moving average price is $61.75 and its 200 day moving average price is $59.94.

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.