Peterson Wealth Services Purchases New Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Peterson Wealth Services purchased a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,766 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Buck Wealth Strategies LLC acquired a new position in shares of iShares U.S. Medical Devices ETF during the third quarter worth approximately $26,000. Resurgent Financial Advisors LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at $42,000. Provence Wealth Management Group acquired a new position in shares of iShares U.S. Medical Devices ETF in the third quarter valued at $43,000. Planned Solutions Inc. acquired a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at $49,000. Finally, Sound Income Strategies LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 121.6% in the third quarter. Sound Income Strategies LLC now owns 904 shares of the company’s stock valued at $44,000 after purchasing an additional 496 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.5 %

Shares of NYSEARCA IHI opened at $54.50 on Friday. The business has a fifty day simple moving average of $57.20 and a 200 day simple moving average of $53.07. The firm has a market capitalization of $5.93 billion, a price-to-earnings ratio of 33.98 and a beta of 0.85. iShares U.S. Medical Devices ETF has a one year low of $43.96 and a one year high of $59.14.

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.