PFG Investments LLC Decreases Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

PFG Investments LLC lessened its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,293 shares of the company’s stock after selling 172 shares during the quarter. PFG Investments LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,651,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IHI. Assetmark Inc. boosted its holdings in iShares U.S. Medical Devices ETF by 20.7% in the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after purchasing an additional 277 shares during the last quarter. Raymond James & Associates grew its holdings 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 worth $22,428,000 after acquiring an additional 1,756 shares during the period. International Assets Investment Management LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 5,167.0% in 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 period. Private Advisor Group LLC lifted its holdings in iShares U.S. Medical Devices ETF by 10.0% in the third quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock valued at $3,924,000 after acquiring an additional 6,022 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in iShares U.S. Medical Devices ETF by 127.6% in the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after purchasing an additional 674,168 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.7 %

iShares U.S. Medical Devices ETF stock opened at $64.32 on Tuesday. The business has a 50-day simple moving average of $60.28 and a two-hundred day simple moving average of $58.83. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $64.35. The company has a market cap of $6.08 billion, a P/E 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.