Lynx Capital Group Ltd. ADV Makes New Investment in iShares U.S. Medical Devices ETF $IHI

Lynx Capital Group Ltd. ADV acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 125,820 shares of the company’s stock, valued at approximately $6,436,000. iShares U.S. Medical Devices ETF comprises 2.5% of Lynx Capital Group Ltd. ADV’s investment portfolio, making the stock its 9th biggest holding. Lynx Capital Group Ltd. ADV owned about 0.19% of iShares U.S. Medical Devices ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Venture Visionary Partners LLC lifted its position in iShares U.S. Medical Devices ETF by 1.7% during the third quarter. Venture Visionary Partners LLC now owns 15,316 shares of the company’s stock valued at $783,000 after purchasing an additional 252 shares during the period. Variant Private Wealth LLC boosted its holdings in iShares U.S. Medical Devices ETF by 4.0% in the third quarter. Variant Private Wealth LLC now owns 12,602 shares of the company’s stock valued at $645,000 after purchasing an additional 479 shares during the last quarter. IFP Advisors Inc grew its position in iShares U.S. Medical Devices ETF by 16.4% during the 3rd quarter. IFP Advisors Inc now owns 3,417 shares of the company’s stock worth $175,000 after purchasing an additional 481 shares during the period. Paragon Private Wealth Management LLC grew its position in iShares U.S. Medical Devices ETF by 4.8% during the 1st quarter. Paragon Private Wealth Management LLC now owns 11,811 shares of the company’s stock worth $630,000 after purchasing an additional 545 shares during the period. Finally, Scarborough Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 1st quarter worth about $32,000.

iShares U.S. Medical Devices ETF Stock Down 0.9%

Shares of IHI opened at $58.07 on Wednesday. iShares U.S. Medical Devices ETF has a 52 week low of $47.37 and a 52 week high of $64.71. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 30.76 and a beta of 0.81. The stock’s 50-day moving average price is $53.39 and its 200-day moving average price is $53.53.

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.