Paradigm Financial Partners LLC Purchases Shares of 5,539 iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Paradigm Financial Partners LLC acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,539 shares of the company’s stock, valued at approximately $299,000.

Several other institutional investors have also recently made changes to their positions in IHI. Meitav Investment House Ltd. boosted its position in shares of iShares U.S. Medical Devices ETF by 16.6% during the fourth quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock worth $165,507,000 after acquiring an additional 436,752 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 25.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,178,217 shares of the company’s stock valued at $57,144,000 after purchasing an additional 241,824 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of iShares U.S. Medical Devices ETF by 5,065.2% during the fourth quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock valued at $51,179,000 after purchasing an additional 929,926 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of iShares U.S. Medical Devices ETF by 3,415.6% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 750,446 shares of the company’s stock worth $36,456,000 after buying an additional 729,100 shares in the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its stake in iShares U.S. Medical Devices ETF by 68.7% during the third quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 552,661 shares of the company’s stock valued at $27,367,000 after buying an additional 224,965 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA IHI opened at $55.53 on Monday. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $59.14. The business has a 50 day simple moving average of $57.03 and a two-hundred day simple moving average of $53.46. The stock has a market capitalization of $5.29 billion, a PE ratio of 34.68 and a beta of 0.82.

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.