Garrison Point Advisors LLC Has $1.99 Million Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Garrison Point Advisors LLC grew its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 33,641 shares of the company’s stock after buying an additional 506 shares during the period. iShares U.S. Medical Devices ETF makes up 1.2% of Garrison Point Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. Garrison Point Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,992,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Headlands Technologies LLC bought a new stake in iShares U.S. Medical Devices ETF in the first quarter valued at $27,000. GAMMA Investing LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 91.1% in the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $29,000 after purchasing an additional 246 shares during the last quarter. BNP Paribas bought a new stake in shares of iShares U.S. Medical Devices ETF in the 1st quarter worth about $35,000. Global Trust Asset Management LLC increased its position in shares of iShares U.S. Medical Devices ETF by 400.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in iShares U.S. Medical Devices ETF during the 2nd quarter valued at about $58,000.

iShares U.S. Medical Devices ETF Stock Down 0.2 %

NYSEARCA:IHI opened at $59.32 on Friday. The firm has a market cap of $5.61 billion, a PE ratio of 35.18 and a beta of 0.83. The company’s 50-day moving average price is $58.68 and its two-hundred day moving average price is $56.80. iShares U.S. Medical Devices ETF has a 12 month low of $43.96 and a 12 month high of $60.43.

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.