4,124 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Purchased by Ring Mountain Capital LLC

Ring Mountain Capital LLC purchased a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,124 shares of the company’s stock, valued at approximately $241,000.

Other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in shares of iShares U.S. Medical Devices ETF by 38.8% during the fourth quarter. Jones Financial Companies Lllp now owns 105,340 shares of the company’s stock valued at $6,147,000 after purchasing an additional 29,445 shares during the last quarter. SRS Capital Advisors Inc. boosted its position in iShares U.S. Medical Devices ETF by 122.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,906 shares of the company’s stock valued at $111,000 after purchasing an additional 1,048 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in iShares U.S. Medical Devices ETF during the 4th quarter worth $37,000. Kovack Advisors Inc. increased its position in iShares U.S. Medical Devices ETF by 11.8% in the fourth quarter. Kovack Advisors Inc. now owns 11,875 shares of the company’s stock worth $693,000 after buying an additional 1,251 shares during the period. Finally, Nwam LLC lifted its stake in iShares U.S. Medical Devices ETF by 132.3% in the fourth quarter. Nwam LLC now owns 29,303 shares of the company’s stock valued at $1,710,000 after buying an additional 16,688 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI opened at $63.92 on Tuesday. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $65.18. The firm has a fifty day moving average of $62.28 and a 200-day moving average of $60.27. The company has a market cap of $6.04 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

iShares U.S. Medical Devices ETF Company 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.