Hamilton Wealth LLC Has $14.07 Million Stake in iShares U.S. Medical Devices ETF $IHI

Hamilton Wealth LLC lifted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 222.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 263,760 shares of the company’s stock after buying an additional 182,020 shares during the quarter. iShares U.S. Medical Devices ETF comprises 1.0% of Hamilton Wealth LLC’s investment portfolio, making the stock its 29th largest holding. Hamilton Wealth LLC owned 0.43% of iShares U.S. Medical Devices ETF worth $14,072,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IHI. Ashton Thomas Securities LLC bought a new stake in iShares U.S. Medical Devices ETF in the first quarter worth approximately $100,000. Quantinno Capital Management LP raised its holdings in shares of iShares U.S. Medical Devices ETF by 12.6% during the 1st quarter. Quantinno Capital Management LP now owns 9,027 shares of the company’s stock valued at $482,000 after purchasing an additional 1,008 shares in the last quarter. Blue Chip Partners LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at $550,000. RMG Wealth Management LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at $35,000. Finally, Aureus Asset Management LLC bought a new stake in iShares U.S. Medical Devices ETF in the first quarter worth $288,000.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $53.30 on Thursday. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of 30.76 and a beta of 0.82. iShares U.S. Medical Devices ETF has a one year low of $47.37 and a one year high of $64.71. The company’s fifty day moving average price is $50.23 and its two-hundred day moving average price is $53.92.

iShares U.S. Medical Devices ETF Company 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.