Strategic Advisors LLC lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 14.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,604 shares of the company’s stock after selling 1,116 shares during the period. Strategic Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $385,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in IHI. Modus Advisors LLC bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $33,000. RPg Family Wealth Advisory LLC bought a new position in iShares U.S. Medical Devices ETF during the third quarter valued at about $35,000. Synergy Asset Management LLC bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $49,000. Finally, Truvestments Capital LLC bought a new position in iShares U.S. Medical Devices ETF during the third quarter valued at about $53,000.
iShares U.S. Medical Devices ETF Stock Down 0.2 %
Shares of IHI opened at $64.35 on Tuesday. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $65.18. The firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. The stock’s 50-day moving average price is $61.39 and its 200 day moving average price is $59.71.
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.
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