Sava Infond d.o.o. Buys New Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Sava Infond d.o.o. purchased a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,250 shares of the company’s stock, valued at approximately $948,000.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 24.7% during the 4th quarter. LPL Financial LLC now owns 2,237,467 shares of the company’s stock worth $130,556,000 after acquiring an additional 442,603 shares during the period. JPMorgan Chase & Co. raised its stake in 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. Raymond James Financial Inc. purchased a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth approximately $38,896,000. HighTower Advisors LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 15.5% during the 4th quarter. HighTower Advisors LLC now owns 236,462 shares of the company’s stock valued at $13,798,000 after buying an additional 31,732 shares during the period. Finally, Kingsview Wealth Management LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 71.7% during the 4th 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 during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.6 %

Shares of iShares U.S. Medical Devices ETF stock opened at $59.92 on Thursday. The business’s fifty day moving average price is $62.73 and its 200 day moving average price is $60.57. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The stock has a market capitalization of $4.71 billion, a P/E ratio of 29.98 and a beta of 0.90.

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.