C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Boosts Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 692.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 108,667 shares of the company’s stock after acquiring an additional 94,959 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares U.S. Medical Devices ETF were worth $6,341,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IHI. Keystone Wealth Services LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the third quarter worth approximately $223,000. LaFleur & Godfrey LLC bought a new position in iShares U.S. Medical Devices ETF in the third quarter worth approximately $212,000. AAFMAA Wealth Management & Trust LLC increased its holdings in iShares U.S. Medical Devices ETF by 154.4% during the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 21,404 shares of the company’s stock worth $1,268,000 after purchasing an additional 12,990 shares during the period. Good Life Advisors LLC increased its holdings in iShares U.S. Medical Devices ETF by 84.7% during the 3rd quarter. Good Life Advisors LLC now owns 14,444 shares of the company’s stock worth $855,000 after purchasing an additional 6,623 shares during the period. Finally, Stratos Wealth Advisors LLC raised its position in iShares U.S. Medical Devices ETF by 4.7% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 19,727 shares of the company’s stock valued at $1,168,000 after purchasing an additional 885 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.4 %

Shares of IHI stock opened at $63.86 on Thursday. The stock has a market capitalization of $6.03 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The stock has a fifty day simple moving average of $61.13 and a two-hundred day simple moving average of $59.48.

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.