Orion Portfolio Solutions LLC Buys 496 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Orion Portfolio Solutions LLC raised its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,484 shares of the company’s stock after acquiring an additional 496 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,137,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. boosted its position in shares of iShares U.S. Medical Devices ETF by 86.5% during the fourth quarter. Blue Trust Inc. now owns 1,981 shares of the company’s stock valued at $116,000 after purchasing an additional 919 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 127.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after buying an additional 674,168 shares in the last quarter. Savant Capital LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth about $345,000. FMR LLC lifted its position in iShares U.S. Medical Devices ETF by 6.1% during the 3rd quarter. FMR LLC now owns 28,988 shares of the company’s stock valued at $1,717,000 after acquiring an additional 1,660 shares during the period. Finally, Glenview Trust co boosted its stake in iShares U.S. Medical Devices ETF by 5.6% during the fourth quarter. Glenview Trust co now owns 18,905 shares of the company’s stock worth $1,103,000 after acquiring an additional 1,000 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA IHI opened at $55.00 on Friday. The company has a 50 day simple moving average of $62.22 and a two-hundred day simple moving average of $60.56. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $65.18. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of 29.98 and a beta of 0.90.

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.