Nwam LLC Acquires 16,688 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Nwam LLC boosted its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 132.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 29,303 shares of the company’s stock after acquiring an additional 16,688 shares during the period. Nwam LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,710,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Medical Devices ETF by 127.6% during the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after purchasing an additional 674,168 shares during the period. Strategic Financial Concepts LLC acquired a new stake in iShares U.S. Medical Devices ETF during the fourth quarter worth approximately $5,978,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in iShares U.S. Medical Devices ETF by 692.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 108,667 shares of the company’s stock worth $6,341,000 after buying an additional 94,959 shares in the last quarter. Kingsview Wealth Management LLC grew its position in iShares U.S. Medical Devices ETF by 71.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 206,678 shares of the company’s stock worth $12,060,000 after buying an additional 86,315 shares in the last quarter. Finally, Dale Q Rice Investment Management Ltd acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth $4,247,000.

iShares U.S. Medical Devices ETF Stock Performance

IHI opened at $63.16 on Friday. The firm has a market cap of $5.97 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $65.18. The business’s fifty day moving average is $62.18 and its 200-day moving average is $60.15.

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.