72,784 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Purchased by Dale Q Rice Investment Management Ltd

Dale Q Rice Investment Management Ltd purchased a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 72,784 shares of the company’s stock, valued at approximately $4,247,000. iShares U.S. Medical Devices ETF accounts for approximately 1.9% of Dale Q Rice Investment Management Ltd’s investment portfolio, making the stock its 12th largest holding. Dale Q Rice Investment Management Ltd owned about 0.08% of iShares U.S. Medical Devices ETF as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in IHI. Thoroughbred Financial Services LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 25.1% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 5,561 shares of the company’s stock worth $311,000 after buying an additional 1,116 shares during the period. Citizens Financial Group Inc. RI lifted its holdings in shares of iShares U.S. Medical Devices ETF by 460.3% during the second quarter. Citizens Financial Group Inc. RI now owns 26,896 shares of the company’s stock valued at $1,507,000 after acquiring an additional 22,096 shares during the period. Virtu Financial LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the second quarter valued at $1,119,000. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares U.S. Medical Devices ETF by 4.3% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 214,858 shares of the company’s stock valued at $11,011,000 after purchasing an additional 8,831 shares in the last quarter. Finally, Blair William & Co. IL grew its holdings in shares of iShares U.S. Medical Devices ETF by 0.5% in the 2nd quarter. Blair William & Co. IL now owns 103,070 shares of the company’s stock worth $5,776,000 after purchasing an additional 508 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Down 0.3 %

Shares of IHI stock opened at $59.70 on Tuesday. The company has a market capitalization of $5.64 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $61.28. The firm has a 50-day moving average price of $59.77 and a 200 day moving average price of $58.31.

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.