Mutual Advisors LLC cut its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 17.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,730 shares of the company’s stock after selling 3,247 shares during the period. Mutual Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $969,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of the stock. Assetmark Inc. raised its position in iShares U.S. Medical Devices ETF by 20.7% in the 3rd 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 lifted its stake in shares of iShares U.S. Medical Devices ETF by 0.5% during the third quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock valued at $22,428,000 after acquiring an additional 1,756 shares during the period. International Assets Investment Management LLC boosted its holdings in 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 valued at $44,937,000 after acquiring an additional 744,407 shares during the last quarter. Private Advisor Group LLC increased its position 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 worth $3,924,000 after purchasing an additional 6,022 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in iShares U.S. Medical Devices ETF by 127.6% during the 3rd 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 Trading Down 0.1 %
Shares of NYSEARCA IHI opened at $63.87 on Friday. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $63.95. The firm’s 50-day moving average is $60.20 and its 200-day moving average is $58.75. The firm has a market capitalization of $6.04 billion, a PE ratio of 35.18 and a beta of 0.83.
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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