Janney Montgomery Scott LLC lowered its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 7.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 110,053 shares of the company’s stock after selling 9,262 shares during the period. Janney Montgomery Scott LLC owned about 0.12% of iShares U.S. Medical Devices ETF worth $6,422,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of IHI. International Assets Investment Management LLC grew its holdings in 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 acquiring an additional 744,407 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares U.S. Medical Devices ETF by 127.6% during the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after purchasing an additional 674,168 shares in the last quarter. Gimbal Financial acquired a new position in iShares U.S. Medical Devices ETF during the third quarter worth about $6,609,000. Dale Q Rice Investment Management Ltd acquired a new position in iShares U.S. Medical Devices ETF in the fourth quarter worth approximately $4,247,000. Finally, Eaton Financial Holdings Company LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at $2,061,000.
iShares U.S. Medical Devices ETF Price Performance
IHI stock opened at $64.13 on Wednesday. The firm has a market capitalization of $6.06 billion, a P/E ratio of 35.18 and a beta of 0.83. The company’s 50 day simple moving average is $60.36 and its 200-day simple moving average is $58.88. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $64.66.
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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