iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Purchased by Lake Hills Wealth Management LLC

Lake Hills Wealth Management LLC lifted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,997 shares of the company’s stock after purchasing an additional 5,266 shares during the quarter. iShares U.S. Medical Devices ETF comprises 3.0% of Lake Hills Wealth Management LLC’s holdings, making the stock its 13th largest position. Lake Hills Wealth Management LLC owned approximately 0.08% of iShares U.S. Medical Devices ETF worth $4,434,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. AlTi Global Inc. purchased a new position in iShares U.S. Medical Devices ETF in the second quarter valued at $393,000. Daymark Wealth Partners LLC raised its holdings in iShares U.S. Medical Devices ETF by 7.0% in the 2nd quarter. Daymark Wealth Partners LLC now owns 6,238 shares of the company’s stock worth $350,000 after purchasing an additional 408 shares during the period. B. Riley Wealth Advisors Inc. lifted its position in shares of iShares U.S. Medical Devices ETF by 10.8% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 126,481 shares of the company’s stock valued at $7,088,000 after buying an additional 12,338 shares in the last quarter. Cetera Investment Advisers lifted its stake in iShares U.S. Medical Devices ETF by 3.9% in the 2nd quarter. Cetera Investment Advisers now owns 243,033 shares of the company’s stock valued at $13,620,000 after buying an additional 9,199 shares in the last quarter. Finally, RiverFront Investment Group LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 8.7% in the second quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock worth $16,298,000 after acquiring an additional 23,162 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

IHI opened at $63.25 on Thursday. The company’s 50 day simple moving average is $60.02 and its two-hundred day simple moving average is $58.63. The firm has a market capitalization of $5.98 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 1-year low of $53.72 and a 1-year high of $63.79.

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.