World Investment Advisors Buys Shares of 18,564 iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

World Investment Advisors acquired a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 18,564 shares of the company’s stock, valued at approximately $1,083,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Modus Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $33,000. Aspect Partners LLC purchased a new stake in iShares U.S. Medical Devices ETF during the fourth quarter valued at approximately $35,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares U.S. Medical Devices ETF during the fourth quarter valued at approximately $37,000. Finally, Millstone Evans Group LLC acquired a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $39,000.

iShares U.S. Medical Devices ETF Trading Down 6.4 %

Shares of IHI stock opened at $55.00 on Friday. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $65.18. The business’s fifty day simple moving average is $62.22 and its 200-day simple moving average is $60.57. The company has a market cap of $4.32 billion, a PE ratio of 29.98 and a beta of 0.90.

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.