Avidian Wealth Enterprises LLC Purchases New Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Avidian Wealth Enterprises LLC acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the third quarter, HoldingsChannel.com reports. The fund acquired 3,569 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in iShares U.S. Medical Devices ETF in the 1st quarter worth about $27,000. GAMMA Investing LLC increased its position in shares of iShares U.S. Medical Devices ETF by 91.1% in the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after buying an additional 246 shares in the last quarter. Global Trust Asset Management LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 400.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $42,000 after buying an additional 600 shares during the period. Blue Trust Inc. lifted its position in shares of iShares U.S. Medical Devices ETF by 186.3% during the 3rd quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after buying an additional 691 shares in the last quarter. Finally, Mather Group LLC. grew its stake in iShares U.S. Medical Devices ETF by 52.6% in the 2nd quarter. Mather Group LLC. now owns 1,096 shares of the company’s stock valued at $64,000 after acquiring an additional 378 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA IHI opened at $59.55 on Friday. The firm has a fifty day moving average of $58.93 and a 200 day moving average of $57.02. The firm has a market cap of $5.63 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a one year low of $45.03 and a one year 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.