Stratos Wealth Advisors LLC Grows Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Stratos Wealth Advisors LLC lifted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 23.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 17,917 shares of the company’s stock after purchasing an additional 3,406 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $967,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. BlackRock Inc. grew its holdings in iShares U.S. Medical Devices ETF by 8.3% in the 1st quarter. BlackRock Inc. now owns 549,775 shares of the company’s stock worth $33,515,000 after acquiring an additional 42,367 shares during the last quarter. Vontobel Holding Ltd. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 39.0% during the first quarter. Vontobel Holding Ltd. now owns 23,188 shares of the company’s stock worth $1,413,000 after purchasing an additional 6,500 shares during the period. Prudential Financial Inc. grew its stake in shares of iShares U.S. Medical Devices ETF by 15.3% in the first quarter. Prudential Financial Inc. now owns 81,588 shares of the company’s stock worth $4,974,000 after purchasing an additional 10,856 shares during the last quarter. Founders Financial Securities LLC increased its holdings in iShares U.S. Medical Devices ETF by 1.9% during the 1st quarter. Founders Financial Securities LLC now owns 26,538 shares of the company’s stock valued at $1,618,000 after purchasing an additional 498 shares during the period. Finally, Nations Financial Group Inc. IA ADV raised its position in iShares U.S. Medical Devices ETF by 319.9% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 15,065 shares of the company’s stock valued at $918,000 after purchasing an additional 11,477 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA IHI opened at $57.30 on Monday. The stock has a market cap of $6.23 billion, a P/E ratio of 33.98 and a beta of 0.85. iShares U.S. Medical Devices ETF has a fifty-two week low of $43.96 and a fifty-two week high of $59.14. The stock has a 50 day simple moving average of $57.25 and a two-hundred day simple moving average of $52.66.

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.