Means Investment CO. Inc. decreased its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 0.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 151,385 shares of the company’s stock after selling 1,314 shares during the quarter. iShares U.S. Medical Devices ETF makes up approximately 0.9% of Means Investment CO. Inc.’s investment portfolio, making the stock its 20th largest position. Means Investment CO. Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $8,833,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in IHI. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at approximately $28,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter valued at approximately $35,000. Synergy Asset Management LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $49,000. Truvestments Capital LLC acquired a new position in iShares U.S. Medical Devices ETF during the third quarter worth $53,000. Finally, TD Private Client Wealth LLC boosted its position in iShares U.S. Medical Devices ETF by 49.8% during the third quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock worth $55,000 after purchasing an additional 311 shares in the last quarter.
iShares U.S. Medical Devices ETF Stock Down 1.1 %
Shares of IHI stock opened at $63.81 on Monday. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $65.05. The business has a fifty day simple moving average of $60.60 and a 200-day simple moving average of $59.05. The stock has a market cap of $6.03 billion, a P/E ratio of 35.18 and a beta of 0.83.
iShares U.S. Medical Devices ETF 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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