Seven Fleet Capital Management LP Makes New $682,000 Investment in iShares U.S. Medical Devices ETF $IHI

Seven Fleet Capital Management LP bought a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 13,800 shares of the company’s stock, valued at approximately $682,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IHI. FWL Investment Management LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $27,000. Group One Trading LLC acquired a new stake in iShares U.S. Medical Devices ETF during the second quarter worth about $29,000. Modus Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF during the fourth quarter worth about $30,000. Scarborough Advisors LLC bought a new position in iShares U.S. Medical Devices ETF in the first quarter worth about $32,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in iShares U.S. Medical Devices ETF in the fourth quarter worth about $35,000.

iShares U.S. Medical Devices ETF Stock Down 0.6%

Shares of IHI stock opened at $55.39 on Thursday. The company has a market cap of $3.44 billion, a P/E ratio of 30.76 and a beta of 0.81. The business has a 50 day moving average of $52.39 and a two-hundred day moving average of $53.10. iShares U.S. Medical Devices ETF has a 52 week low of $47.37 and a 52 week high of $64.71.

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.