Moors & Cabot Inc. decreased its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 1.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 98,633 shares of the company’s stock after selling 1,668 shares during the period. Moors & Cabot Inc. owned approximately 0.10% of iShares U.S. Medical Devices ETF worth $5,841,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in IHI. International Assets Investment Management LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 5,167.0% during the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock worth $44,937,000 after purchasing an additional 744,407 shares during the period. Flaharty Asset Management LLC grew 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 buying an additional 8,241 shares during the period. Commonwealth Equity Services LLC increased its holdings in iShares U.S. Medical Devices ETF by 11.6% in the second quarter. Commonwealth Equity Services LLC now owns 400,501 shares of the company’s stock valued at $22,444,000 after buying an additional 41,737 shares in the last quarter. Raymond James & Associates lifted its position in shares of iShares U.S. Medical Devices ETF by 0.5% during the 3rd 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. Finally, RiverFront Investment Group LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 8.7% during the 2nd quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock worth $16,298,000 after acquiring an additional 23,162 shares in the last quarter.
iShares U.S. Medical Devices ETF Stock Down 0.5 %
Shares of IHI traded down $0.32 on Wednesday, reaching $59.64. The stock had a trading volume of 25,165 shares, compared to its average volume of 822,157. iShares U.S. Medical Devices ETF has a twelve month low of $49.34 and a twelve month high of $60.88. The firm has a market capitalization of $5.64 billion, a PE ratio of 35.18 and a beta of 0.83. The firm has a 50-day moving average of $59.15 and a 200 day moving average of $57.31.
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.
Featured Articles
- Five stocks we like better than iShares U.S. Medical Devices ETF
- Trading Stocks: RSI and Why it’s Useful
- Williams-Sonoma Stock: Buy It and Never Let It Go
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 5 Dividend ETFs to Buy and Hold Forever
- What is the Dow Jones Industrial Average (DJIA)?
- Berkshire Buys POOL Stock: Is It Time to Take the Plunge?
Receive News & Ratings for iShares U.S. Medical Devices ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Medical Devices ETF and related companies with MarketBeat.com's FREE daily email newsletter.