Diversified Enterprises LLC Sells 1,707 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Diversified Enterprises LLC lessened its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.2% in the 4th quarter, Holdings Channel reports. The firm owned 51,588 shares of the company’s stock after selling 1,707 shares during the quarter. Diversified Enterprises LLC’s holdings in iShares U.S. Medical Devices ETF were worth $3,010,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Modus Advisors LLC bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $33,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the third quarter worth about $35,000. Aspect Partners LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $35,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $37,000.

iShares U.S. Medical Devices ETF Stock Up 1.0 %

IHI stock opened at $59.17 on Friday. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The company has a market cap of $4.65 billion, a PE ratio of 31.88 and a beta of 0.90. The business’s 50-day simple moving average is $62.73 and its 200 day simple moving average is $60.47.

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.