Investors Buy Shares of iShares Dow Jones US Medical Dev. (IHI) on Weakness

Share on StockTwits

Traders bought shares of iShares Dow Jones US Medical Dev. (BMV:IHI) on weakness during trading hours on Wednesday. $136.19 million flowed into the stock on the tick-up and $11.33 million flowed out of the stock on the tick-down, for a money net flow of $124.86 million into the stock. Of all stocks tracked, iShares Dow Jones US Medical Dev. had the 4th highest net in-flow for the day. iShares Dow Jones US Medical Dev. traded down ($0.51) for the day and closed at $220.84

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of iShares Dow Jones US Medical Dev. by 24.2% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 316,260 shares of the company’s stock worth $71,975,000 after acquiring an additional 61,696 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares Dow Jones US Medical Dev. by 97.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 33,287 shares of the company’s stock worth $6,651,000 after acquiring an additional 16,471 shares in the last quarter. S. R. Schill & Associates purchased a new stake in shares of iShares Dow Jones US Medical Dev. during the third quarter worth $2,729,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares Dow Jones US Medical Dev. by 54.7% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 25,551 shares of the company’s stock worth $5,812,000 after acquiring an additional 9,037 shares in the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in shares of iShares Dow Jones US Medical Dev. during the third quarter worth $1,944,000.

ILLEGAL ACTIVITY WARNING: This story was first posted by Macon Daily and is owned by of Macon Daily. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://macondaily.com/2019/02/15/investors-buy-shares-of-ishares-dow-jones-us-medical-dev-ihi-on-weakness.html.

Further Reading: What is the return on assets (ROA) ratio?

Receive News & Ratings for iShares Dow Jones US Medical Dev. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Dow Jones US Medical Dev. and related companies with MarketBeat.com's FREE daily email newsletter.