Oppenheimer & Co. Inc. Raises Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Oppenheimer & Co. Inc. increased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 13.1% during the third quarter, HoldingsChannel.com reports. The fund owned 14,541 shares of the company’s stock after acquiring an additional 1,682 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $861,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Concord Wealth Partners increased its position in shares of iShares U.S. Medical Devices ETF by 8.7% in the third quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock worth $128,000 after purchasing an additional 173 shares during the last quarter. GPS Wealth Strategies Group LLC raised its position in shares of iShares U.S. Medical Devices ETF by 2.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock valued at $492,000 after buying an additional 189 shares in the last quarter. Continuum Advisory LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 0.3% during the 2nd quarter. Continuum Advisory LLC now owns 55,700 shares of the company’s stock worth $3,121,000 after acquiring an additional 193 shares during the last quarter. Sterling Investment Counsel LLC grew its position in iShares U.S. Medical Devices ETF by 2.2% in the second quarter. Sterling Investment Counsel LLC now owns 10,290 shares of the company’s stock worth $577,000 after acquiring an additional 223 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in iShares U.S. Medical Devices ETF by 91.1% in the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after acquiring an additional 246 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Down 0.1 %

NYSEARCA IHI opened at $60.00 on Wednesday. The stock’s 50-day simple moving average is $59.15 and its two-hundred day simple moving average is $57.31. iShares U.S. Medical Devices ETF has a twelve month low of $48.52 and a twelve month high of $60.88. The company has a market capitalization of $5.67 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

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.