EWG Elevate Inc. Takes Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

EWG Elevate Inc. acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,060 shares of the company’s stock, valued at approximately $399,000.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. lifted its position in shares of iShares U.S. Medical Devices ETF by 8.3% in the first quarter. BlackRock Inc. now owns 549,775 shares of the company’s stock worth $33,515,000 after purchasing an additional 42,367 shares in the last quarter. Vontobel Holding Ltd. lifted its position in iShares U.S. Medical Devices ETF by 39.0% in the 1st quarter. Vontobel Holding Ltd. now owns 23,188 shares of the company’s stock worth $1,413,000 after buying an additional 6,500 shares in the last quarter. Prudential Financial Inc. boosted its stake in shares of iShares U.S. Medical Devices ETF by 15.3% during the 1st quarter. Prudential Financial Inc. now owns 81,588 shares of the company’s stock valued at $4,974,000 after buying an additional 10,856 shares during the period. Founders Financial Securities LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 1.9% during the 1st quarter. Founders Financial Securities LLC now owns 26,538 shares of the company’s stock valued at $1,618,000 after buying an additional 498 shares during the period. Finally, Nations Financial Group Inc. IA ADV grew its holdings in shares of iShares U.S. Medical Devices ETF by 319.9% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 15,065 shares of the company’s stock valued at $918,000 after acquiring an additional 11,477 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.0 %

Shares of NYSEARCA:IHI opened at $50.47 on Tuesday. The firm has a market cap of $5.49 billion, a price-to-earnings ratio of 33.98 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 1 year low of $46.21 and a 1 year high of $57.95. The business has a fifty day simple moving average of $53.68 and a 200 day simple moving average of $54.17.

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.