SteelPeak Wealth LLC Boosts Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

SteelPeak Wealth LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 17.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,460 shares of the company’s stock after buying an additional 818 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares U.S. Medical Devices ETF were worth $319,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Cetera Investment Advisers raised its holdings in iShares U.S. Medical Devices ETF by 3.9% during the 2nd quarter. Cetera Investment Advisers now owns 243,033 shares of the company’s stock valued at $13,620,000 after acquiring an additional 9,199 shares during the period. Creekside Partners bought a new stake in shares of iShares U.S. Medical Devices ETF during the 2nd quarter valued at $356,000. Sanctuary Advisors LLC purchased a new stake in iShares U.S. Medical Devices ETF during the 2nd quarter worth about $983,000. Anchor Investment Management LLC boosted its stake in iShares U.S. Medical Devices ETF by 4.8% in the 2nd quarter. Anchor Investment Management LLC now owns 102,028 shares of the company’s stock worth $5,718,000 after purchasing an additional 4,655 shares during the period. Finally, ALM First Financial Advisors LLC purchased a new position in iShares U.S. Medical Devices ETF during the 2nd quarter valued at about $312,000.

iShares U.S. Medical Devices ETF Trading Up 0.8 %

Shares of iShares U.S. Medical Devices ETF stock opened at $64.55 on Friday. The company’s 50-day moving average price is $60.53 and its 200-day moving average price is $58.96. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $65.05. The company has a market cap of $6.10 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

iShares U.S. Medical Devices ETF 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.