Northeast Financial Consultants Inc reduced its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 12.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 138,701 shares of the company’s stock after selling 20,388 shares during the period. Northeast Financial Consultants Inc owned about 0.15% of iShares U.S. Medical Devices ETF worth $7,773,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the 1st quarter valued at $27,000. GAMMA Investing LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 91.1% in the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $29,000 after buying an additional 246 shares during the period. BNP Paribas bought a new stake in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at about $35,000. Livelsberger Financial Advisory purchased a new stake in iShares U.S. Medical Devices ETF during the 4th quarter valued at about $39,000. Finally, Mather Group LLC. bought a new position in iShares U.S. Medical Devices ETF during the 1st quarter worth approximately $39,000.
iShares U.S. Medical Devices ETF Stock Performance
Shares of IHI stock opened at $58.75 on Friday. The company has a market capitalization of $5.55 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a fifty-two week low of $43.96 and a fifty-two week high of $60.11. The stock has a 50 day moving average price of $57.47 and a two-hundred day moving average price of $56.63.
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.
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