Moloney Securities Asset Management LLC Has $287,000 Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Moloney Securities Asset Management LLC cut its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 27.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 4,838 shares of the company’s stock after selling 1,812 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $287,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC lifted 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 acquiring an additional 744,407 shares during the last quarter. Flaharty Asset Management LLC lifted its position in iShares U.S. Medical Devices ETF by 1.9% during the second quarter. Flaharty Asset Management LLC now owns 431,783 shares of the company’s stock worth $24,197,000 after acquiring an additional 8,241 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in iShares U.S. Medical Devices ETF by 11.6% during the second quarter. Commonwealth Equity Services LLC now owns 400,501 shares of the company’s stock worth $22,444,000 after acquiring an additional 41,737 shares during the last quarter. Raymond James & Associates raised its position in shares of iShares U.S. Medical Devices ETF by 0.5% in the third quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock valued at $22,428,000 after buying an additional 1,756 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its position in shares of iShares U.S. Medical Devices ETF by 8.7% in the second quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock valued at $16,298,000 after buying an additional 23,162 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Up 0.5 %

NYSEARCA IHI opened at $59.77 on Thursday. iShares U.S. Medical Devices ETF has a 1-year low of $45.03 and a 1-year high of $60.88. The company has a 50 day moving average of $58.91 and a 200-day moving average of $57.00. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

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.