iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. cut its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 7.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,553 shares of the company’s stock after selling 5,434 shares during the quarter. Riggs Asset Managment Co. Inc. owned about 0.08% of iShares U.S. Medical Devices ETF worth $4,237,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter worth $27,000. GAMMA Investing LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 91.1% during the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after buying an additional 246 shares during the last quarter. BNP Paribas acquired a new position in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at about $35,000. Global Trust Asset Management LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 400.0% in the second quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $42,000 after buying an additional 600 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in iShares U.S. Medical Devices ETF by 186.3% during the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock worth $60,000 after acquiring an additional 691 shares during the period.

iShares U.S. Medical Devices ETF Trading Down 0.6 %

Shares of IHI stock opened at $58.97 on Monday. iShares U.S. Medical Devices ETF has a twelve month low of $43.96 and a twelve month high of $60.43. The stock has a 50 day moving average of $58.72 and a 200 day moving average of $56.81. The stock has a market cap of $5.57 billion, a P/E 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.