7,006 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,006 shares of the company’s stock, valued at approximately $409,000.

Several other large investors have also recently added to or reduced their stakes in IHI. Cetera Investment Advisers lifted its position in iShares U.S. Medical Devices ETF by 3.9% during the second quarter. Cetera Investment Advisers now owns 243,033 shares of the company’s stock worth $13,620,000 after buying an additional 9,199 shares during the period. Creekside Partners purchased a new position in iShares U.S. Medical Devices ETF during the second quarter worth about $356,000. Sanctuary Advisors LLC purchased a new position in iShares U.S. Medical Devices ETF during the second quarter worth about $983,000. Anchor Investment Management LLC lifted its position in iShares U.S. Medical Devices ETF by 4.8% during the second quarter. Anchor Investment Management LLC now owns 102,028 shares of the company’s stock worth $5,718,000 after buying an additional 4,655 shares during the period. Finally, ALM First Financial Advisors LLC purchased a new position in iShares U.S. Medical Devices ETF during the second quarter worth about $312,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of NYSEARCA:IHI opened at $64.55 on Friday. The firm has a market capitalization of $6.10 billion, a PE ratio of 35.18 and a beta of 0.83. The business has a 50-day moving average of $60.53 and a two-hundred day moving average of $58.96. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.05.

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.