Bank of America Corp DE Has $155.61 Million Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Bank of America Corp DE lifted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 29.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,666,806 shares of the company’s stock after buying an additional 598,974 shares during the period. Bank of America Corp DE owned about 2.82% of iShares U.S. Medical Devices ETF worth $155,608,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. LPL Financial LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 24.7% during the fourth quarter. LPL Financial LLC now owns 2,237,467 shares of the company’s stock worth $130,556,000 after buying an additional 442,603 shares in the last quarter. Wells Fargo & Company MN raised its position in iShares U.S. Medical Devices ETF by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,087,471 shares of the company’s stock valued at $63,454,000 after purchasing an additional 21,668 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter valued at about $38,896,000. BNP Paribas Financial Markets grew its holdings in shares of iShares U.S. Medical Devices ETF by 122.7% during the fourth quarter. BNP Paribas Financial Markets now owns 348,312 shares of the company’s stock worth $20,324,000 after purchasing an additional 191,921 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 7.6% in the fourth quarter. RiverFront Investment Group LLC now owns 342,017 shares of the company’s stock valued at $19,957,000 after buying an additional 24,068 shares during the period.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA:IHI opened at $60.72 on Friday. iShares U.S. Medical Devices ETF has a one year low of $52.90 and a one year high of $65.18. The company has a market cap of $4.56 billion, a PE ratio of 30.50 and a beta of 0.92. The firm’s 50 day simple moving average is $58.90 and its 200 day simple moving average is $60.40.

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.