iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Get Free Report) was the target of unusually large options trading on Thursday. Traders acquired 16,053 call options on the company. This is an increase of 3,143% compared to the average volume of 495 call options.
iShares U.S. Medical Devices ETF Trading Up 0.4%
IHI stock opened at $49.35 on Friday. The firm has a market capitalization of $3.05 billion, a PE ratio of 30.76 and a beta of 0.86. iShares U.S. Medical Devices ETF has a 1-year low of $47.37 and a 1-year high of $64.71. The business’s 50 day simple moving average is $52.04 and its 200 day simple moving average is $57.81.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in IHI. Integrated Wealth Concepts LLC grew its holdings in iShares U.S. Medical Devices ETF by 22.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 9,345 shares of the company’s stock valued at $562,000 after buying an additional 1,710 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in iShares U.S. Medical Devices ETF by 46.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock valued at $25,710,000 after buying an additional 135,927 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in iShares U.S. Medical Devices ETF by 15.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock valued at $82,000 after buying an additional 177 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in iShares U.S. Medical Devices ETF by 16.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 158,077 shares of the company’s stock valued at $9,902,000 after buying an additional 22,052 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in iShares U.S. Medical Devices ETF by 188.6% in the 2nd quarter. Jane Street Group LLC now owns 55,569 shares of the company’s stock valued at $3,481,000 after buying an additional 36,312 shares in the last quarter.
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.
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