Fisher Asset Management LLC Sells 110,248 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Fisher Asset Management LLC reduced its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,075,745 shares of the company’s stock after selling 110,248 shares during the period. Fisher Asset Management LLC owned approximately 1.91% of iShares U.S. Medical Devices ETF worth $112,028,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Transcendent Capital Group LLC bought a new stake in iShares U.S. Medical Devices ETF during the fourth quarter valued at $119,000. Scarborough Advisors LLC bought a new stake in iShares U.S. Medical Devices ETF during the fourth quarter valued at $78,000. Centaurus Financial Inc. boosted its stake in iShares U.S. Medical Devices ETF by 37.2% during the fourth quarter. Centaurus Financial Inc. now owns 103,092 shares of the company’s stock valued at $5,564,000 after buying an additional 27,958 shares during the period. Virtu Financial LLC boosted its stake in iShares U.S. Medical Devices ETF by 88.4% during the fourth quarter. Virtu Financial LLC now owns 44,662 shares of the company’s stock valued at $2,410,000 after buying an additional 20,955 shares during the period. Finally, Arkansas Financial Group Inc. raised its position in iShares U.S. Medical Devices ETF by 8.4% during the fourth quarter. Arkansas Financial Group Inc. now owns 175,674 shares of the company’s stock valued at $9,481,000 after purchasing an additional 13,656 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.1 %

NYSEARCA IHI opened at $55.90 on Monday. The stock’s 50-day simple moving average is $55.86 and its two-hundred day simple moving average is $55.64. iShares U.S. Medical Devices ETF has a twelve month low of $43.96 and a twelve month high of $59.14. The company has a market capitalization of $5.28 billion, a price-to-earnings 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.