7,549 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Purchased by Meridian Wealth Management LLC

Meridian Wealth Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,549 shares of the company’s stock, valued at approximately $447,000.

Several other institutional investors and hedge funds have also bought and sold shares of IHI. International Assets Investment Management LLC raised its holdings in iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock worth $44,937,000 after acquiring an additional 744,407 shares in the last quarter. Cetera Investment Advisers increased its position in iShares U.S. Medical Devices ETF by 435.3% during the first quarter. Cetera Investment Advisers now owns 233,834 shares of the company’s stock worth $13,700,000 after buying an additional 190,153 shares during the last quarter. Gimbal Financial acquired a new position in iShares U.S. Medical Devices ETF during the third quarter worth approximately $6,609,000. Strategic Financial Concepts LLC acquired a new position in iShares U.S. Medical Devices ETF during the second quarter worth approximately $58,000. Finally, Lake Hills Wealth Management LLC acquired a new position in iShares U.S. Medical Devices ETF during the second quarter worth approximately $4,160,000.

iShares U.S. Medical Devices ETF Stock Down 0.1 %

Shares of NYSEARCA IHI opened at $60.35 on Monday. The business’s 50 day moving average price is $59.20 and its two-hundred day moving average price is $57.41. The company has a market cap of $5.70 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $49.47 and a twelve month high of $60.88.

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.