Robertson Stephens Wealth Management LLC Has $1.36 Million Stock Position in iShares U.S. Medical Devices ETF $IHI

Robertson Stephens Wealth Management LLC grew its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 16.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,750 shares of the company’s stock after purchasing an additional 3,046 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,362,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Banque Cantonale Vaudoise acquired a new position in iShares U.S. Medical Devices ETF during the first quarter valued at approximately $1,937,000. Meridian Investment Counsel Inc. grew its holdings in iShares U.S. Medical Devices ETF by 3.1% during the second quarter. Meridian Investment Counsel Inc. now owns 20,663 shares of the company’s stock valued at $1,294,000 after purchasing an additional 625 shares during the period. Janney Montgomery Scott LLC grew its holdings in iShares U.S. Medical Devices ETF by 0.7% during the second quarter. Janney Montgomery Scott LLC now owns 105,900 shares of the company’s stock valued at $6,634,000 after purchasing an additional 712 shares during the period. Brentview Investment Management LLC acquired a new position in iShares U.S. Medical Devices ETF during the first quarter valued at approximately $60,000. Finally, ORG Partners LLC acquired a new position in iShares U.S. Medical Devices ETF during the first quarter valued at approximately $59,000.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA IHI opened at $58.83 on Friday. The stock has a market cap of $4.07 billion, a P/E ratio of 30.76 and a beta of 0.85. The firm has a 50 day moving average price of $61.04 and a 200 day moving average price of $60.52. iShares U.S. Medical Devices ETF has a 52-week low of $52.90 and a 52-week high of $65.18.

About iShares U.S. Medical Devices ETF

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.