Tyche Wealth Partners LLC Has $245,000 Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Tyche Wealth Partners LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,198 shares of the company’s stock after buying an additional 198 shares during the quarter. Tyche Wealth Partners LLC’s holdings in iShares U.S. Medical Devices ETF were worth $245,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IHI. International Assets Investment Management LLC increased its position in iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock worth $44,937,000 after buying an additional 744,407 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares U.S. Medical Devices ETF by 127.6% during the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after buying an additional 674,168 shares during the last quarter. Gimbal Financial acquired a new position in iShares U.S. Medical Devices ETF during the third quarter worth approximately $6,609,000. Dale Q Rice Investment Management Ltd acquired a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth approximately $4,247,000. Finally, Valicenti Advisory Services Inc. acquired a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth approximately $3,517,000.

iShares U.S. Medical Devices ETF Stock Down 1.6 %

Shares of NYSEARCA IHI opened at $64.04 on Friday. The business’s 50 day moving average price is $60.88 and its two-hundred day moving average price is $59.24. The company has a market cap of $6.05 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18.

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.