S&A Financial Services Inc. Acquires New Position in iShares U.S. Medical Devices ETF $IHI

S&A Financial Services Inc. bought a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the first quarter, Holdings Channel reports. The institutional investor bought 24,106 shares of the company’s stock, valued at approximately $1,286,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Whittier Trust Co. of Nevada Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 107.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 386 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the period. FWL Investment Management LLC bought a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth $27,000. Flagship Harbor Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF in the fourth quarter worth $29,000. Group One Trading LLC acquired a new stake in iShares U.S. Medical Devices ETF in the second quarter worth $29,000. Finally, Modus Advisors LLC bought a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at $30,000.

iShares U.S. Medical Devices ETF Stock Performance

iShares U.S. Medical Devices ETF stock opened at $52.51 on Monday. The company has a 50-day simple moving average of $50.31 and a 200-day simple moving average of $53.76. The firm has a market capitalization of $3.25 billion, a P/E ratio of 30.76 and a beta of 0.82. iShares U.S. Medical Devices ETF has a one year low of $47.37 and a one year high of $64.71.

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.