iShares U.S. Medical Devices ETF $IHI Shares Purchased by First Interstate Bank

First Interstate Bank increased its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 61.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,890 shares of the company’s stock after buying an additional 19,328 shares during the quarter. First Interstate Bank owned about 0.08% of iShares U.S. Medical Devices ETF worth $2,715,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IHI. Integrated Wealth Concepts LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 22.4% in the first quarter. Integrated Wealth Concepts LLC now owns 9,345 shares of the company’s stock worth $562,000 after acquiring an additional 1,710 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in iShares U.S. Medical Devices ETF by 46.7% during the first quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock worth $25,710,000 after purchasing an additional 135,927 shares during the period. Russell Investments Group Ltd. raised its stake in iShares U.S. Medical Devices ETF by 15.7% during the second quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock worth $82,000 after purchasing an additional 177 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of 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 purchasing an additional 22,052 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of 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 purchasing an additional 36,312 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Down 1.9%

Shares of NYSEARCA IHI opened at $51.26 on Thursday. iShares U.S. Medical Devices ETF has a 52-week low of $47.37 and a 52-week high of $64.71. The firm has a fifty day moving average of $49.87 and a 200-day moving average of $55.19. The stock has a market capitalization of $3.17 billion, a PE ratio of 30.76 and a beta of 0.82.

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.