iShares U.S. Medical Devices ETF $IHI Stock Position Decreased by Money Design Co. Ltd.

Money Design Co. Ltd. lessened its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 41,122 shares of the company’s stock after selling 1,003 shares during the period. Money Design Co. Ltd. owned 0.06% of iShares U.S. Medical Devices ETF worth $2,576,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Wayfinding Financial LLC bought a new position in iShares U.S. Medical Devices ETF in the 1st quarter worth about $25,000. Legend Financial Advisors Inc. bought a new position in iShares U.S. Medical Devices ETF in the 2nd quarter worth about $36,000. Columbia River Financial Group LLC bought a new position in iShares U.S. Medical Devices ETF in the 1st quarter worth about $34,000. Westside Investment Management Inc. grew its position in iShares U.S. Medical Devices ETF by 97.0% in the 1st quarter. Westside Investment Management Inc. now owns 650 shares of the company’s stock worth $39,000 after purchasing an additional 320 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new position in iShares U.S. Medical Devices ETF in the 2nd quarter worth about $58,000.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $62.15 on Friday. The firm has a 50 day simple moving average of $60.89 and a 200-day simple moving average of $60.60. The stock has a market capitalization of $4.31 billion, a PE ratio of 30.76 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 12-month low of $52.90 and a 12-month high of $65.18.

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.