iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. decreased its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 493,031 shares of the company’s stock after selling 11,733 shares during the period. Goldman Sachs Group Inc. owned about 0.45% of iShares U.S. Medical Devices ETF worth $26,609,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Planned Solutions Inc. acquired a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at $49,000. Arvest Investments Inc. purchased a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at $52,000. Scarborough Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at $78,000. Register Financial Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at $86,000. Finally, BOCHK Asset Management Ltd purchased a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at $97,000.

iShares U.S. Medical Devices ETF Stock Up 0.2 %

Shares of NYSEARCA:IHI opened at $56.38 on Monday. iShares U.S. Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $59.14. The stock’s fifty day simple moving average is $55.77 and its 200-day simple moving average is $55.84. The company has a market capitalization of $5.33 billion, a P/E ratio of 35.18 and a beta of 0.83.

About iShares U.S. Medical Devices ETF

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.