Modus Advisors LLC Invests $28,000 in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Modus Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 480 shares of the company’s stock, valued at approximately $28,000.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in iShares U.S. Medical Devices ETF by 127.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after purchasing an additional 674,168 shares during the period. International Assets Investment Management LLC grew its position 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 valued at $44,937,000 after buying an additional 744,407 shares during the period. Raymond James & Associates increased its holdings in iShares U.S. Medical Devices ETF by 0.5% during the third quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock worth $22,428,000 after buying an additional 1,756 shares during the last quarter. RiverFront Investment Group LLC raised its position in iShares U.S. Medical Devices ETF by 8.7% in the second quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock worth $16,298,000 after acquiring an additional 23,162 shares during the period. Finally, Wharton Business Group LLC raised its position in iShares U.S. Medical Devices ETF by 3.0% in the third quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock worth $16,395,000 after acquiring an additional 8,070 shares during the period.

iShares U.S. Medical Devices ETF Stock Up 1.4 %

iShares U.S. Medical Devices ETF stock opened at $59.15 on Friday. The firm has a 50 day moving average price of $59.66 and a 200-day moving average price of $58.15. iShares U.S. Medical Devices ETF has a twelve month low of $52.61 and a twelve month high of $61.28. The company has a market capitalization of $5.59 billion, a P/E ratio of 35.18 and a beta of 0.83.

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.