Integrity Alliance LLC. Acquires New Shares in iShares U.S. Medical Devices ETF $IHI

Integrity Alliance LLC. bought a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 3rd quarter, Holdings Channel.com reports. The fund bought 16,492 shares of the company’s stock, valued at approximately $844,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Montecito Bank & Trust bought a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter worth approximately $1,039,000. Columbus Macro LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at approximately $2,285,000. Tidal Investments LLC acquired a new position in iShares U.S. Medical Devices ETF during the 2nd quarter worth approximately $2,114,000. Congress Asset Management Co. purchased a new stake in shares of iShares U.S. Medical Devices ETF in the third quarter valued at about $13,481,000. Finally, Hamilton Wealth LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 222.7% during the first quarter. Hamilton Wealth LLC now owns 263,760 shares of the company’s stock worth $14,072,000 after buying an additional 182,020 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 2.4%

Shares of iShares U.S. Medical Devices ETF stock opened at $57.59 on Friday. iShares U.S. Medical Devices ETF has a fifty-two week low of $47.37 and a fifty-two week high of $64.71. The business has a 50-day moving average price of $53.26 and a 200 day moving average price of $53.56. The firm has a market cap of $3.94 billion, a P/E ratio of 30.76 and a beta of 0.81.

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.