Valley Wealth Managers Inc. trimmed its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 96.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,367 shares of the company’s stock after selling 36,196 shares during the quarter. Valley Wealth Managers Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $82,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the stock. Country Trust Bank acquired a new position in shares of iShares U.S. Medical Devices ETF during the second quarter valued at about $28,000. Group One Trading LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 2nd quarter valued at about $29,000. Glass Jacobson Investment Advisors llc increased its position in iShares U.S. Medical Devices ETF by 108.7% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 622 shares of the company’s stock valued at $37,000 after buying an additional 324 shares in the last quarter. Mather Group LLC. acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $39,000. Finally, Grey Fox Wealth Advisors LLC acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $49,000.
iShares U.S. Medical Devices ETF Stock Up 1.0%
NYSEARCA IHI opened at $60.08 on Friday. iShares U.S. Medical Devices ETF has a 52 week low of $52.90 and a 52 week high of $65.18. The business has a 50 day moving average price of $62.50 and a 200-day moving average price of $61.54. The company has a market cap of $3.80 billion, a price-to-earnings ratio of 30.76 and a beta of 0.89.
iShares U.S. Medical Devices ETF Company 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.
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Want to see what other hedge funds are holding IHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report).
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