iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Bought by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC grew its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 21.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,763 shares of the company’s stock after purchasing an additional 1,035 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares U.S. Medical Devices ETF were worth $332,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IHI. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares U.S. Medical Devices ETF during the third quarter valued at about $35,000. Truvestments Capital LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter worth $53,000. Strategic Financial Concepts LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the second quarter valued at $58,000. Blue Trust Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 186.3% during the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after buying an additional 691 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in shares of iShares U.S. Medical Devices ETF in the 2nd quarter valued at $71,000.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI opened at $59.58 on Friday. The stock has a 50-day moving average of $59.69 and a two-hundred day moving average of $57.84. The stock has a market cap of $5.63 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a one year low of $52.50 and a one year high of $61.28.

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.