iShares U.S. Medical Devices ETF $IHI Shares Purchased by Anchor Investment Management LLC

Anchor Investment Management LLC lifted its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 0.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 106,797 shares of the company’s stock after purchasing an additional 275 shares during the period. Anchor Investment Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $6,428,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IHI. Menora Mivtachim Holdings LTD. acquired a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter valued at approximately $305,287,000. Harel Insurance Investments & Financial Services Ltd. increased its stake in iShares U.S. Medical Devices ETF by 980.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 711,329 shares of the company’s stock worth $42,454,000 after acquiring an additional 645,500 shares during the last quarter. Jones Financial Companies Lllp increased its stake in iShares U.S. Medical Devices ETF by 295.5% during the first quarter. Jones Financial Companies Lllp now owns 416,572 shares of the company’s stock worth $24,774,000 after acquiring an additional 311,232 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in iShares U.S. Medical Devices ETF during the first quarter worth $9,510,000. Finally, Goldman Sachs Group Inc. increased its stake in iShares U.S. Medical Devices ETF by 46.7% during the first quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock worth $25,710,000 after acquiring an additional 135,927 shares during the last quarter.

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

IHI stock opened at $62.48 on Wednesday. The business has a fifty day moving average of $61.43 and a two-hundred day moving average of $60.70. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 30.76 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 52-week low of $52.90 and a 52-week high of $65.18.

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.