ORG Partners LLC Invests $104,000 in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

ORG Partners LLC purchased a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,918 shares of the company’s stock, valued at approximately $104,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Morgan Stanley grew its stake in iShares U.S. Medical Devices ETF by 6.7% in the fourth quarter. Morgan Stanley now owns 3,915,871 shares of the company’s stock worth $205,857,000 after purchasing an additional 245,906 shares in the last quarter. Meitav Investment House Ltd. grew its stake in iShares U.S. Medical Devices ETF by 16.6% in the fourth quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock worth $165,507,000 after purchasing an additional 436,752 shares in the last quarter. UBS Group AG grew its stake in iShares U.S. Medical Devices ETF by 2.1% in the first quarter. UBS Group AG now owns 1,813,118 shares of the company’s stock worth $110,527,000 after purchasing an additional 37,743 shares in the last quarter. Royal Bank of Canada grew its stake in iShares U.S. Medical Devices ETF by 0.6% in the first quarter. Royal Bank of Canada now owns 1,210,875 shares of the company’s stock worth $73,815,000 after purchasing an additional 7,739 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in iShares U.S. Medical Devices ETF by 25.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,178,217 shares of the company’s stock worth $57,144,000 after purchasing an additional 241,824 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 1.8 %

Shares of NYSEARCA:IHI opened at $56.10 on Monday. iShares U.S. Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $59.14. The stock has a market cap of $6.10 billion, a P/E ratio of 33.98 and a beta of 0.85. The business’s 50 day moving average is $57.35 and its 200 day moving average is $52.96.

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.