iShares U.S. Medical Devices ETF $IHI Holdings Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 143.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,879 shares of the company’s stock after buying an additional 75,851 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.21% of iShares U.S. Medical Devices ETF worth $8,010,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IHI. Smartleaf Asset Management LLC raised its position in shares of iShares U.S. Medical Devices ETF by 740.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 420 shares of the company’s stock worth $25,000 after buying an additional 370 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 107.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 386 shares of the company’s stock worth $25,000 after buying an additional 200 shares in the last quarter. FWL Investment Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth about $27,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth about $29,000. Finally, Group One Trading LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 2nd quarter worth about $29,000.

iShares U.S. Medical Devices ETF Trading Up 0.1%

IHI stock opened at $50.57 on Friday. The firm’s 50-day moving average is $52.47 and its two-hundred day moving average is $58.14. iShares U.S. Medical Devices ETF has a 52 week low of $47.37 and a 52 week high of $64.71. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 30.76 and a beta of 0.86.

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.