iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp cut its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 0.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 269,360 shares of the company’s stock after selling 655 shares during the period. Mackenzie Financial Corp’s holdings in iShares U.S. Medical Devices ETF were worth $14,537,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IHI. International Assets Investment Management LLC increased its stake in iShares U.S. Medical Devices ETF by 5,065.2% during the 4th quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock worth $51,179,000 after buying an additional 929,926 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of iShares U.S. Medical Devices ETF by 3,415.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 750,446 shares of the company’s stock worth $36,456,000 after acquiring an additional 729,100 shares during the period. J Arnold Wealth Management Co acquired a new stake in shares of iShares U.S. Medical Devices ETF in the third quarter valued at $24,739,000. Meitav Investment House Ltd. raised its stake in shares of iShares U.S. Medical Devices ETF by 16.6% in the fourth quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock valued at $165,507,000 after acquiring an additional 436,752 shares in the last quarter. Finally, Modera Wealth Management LLC purchased a new position in iShares U.S. Medical Devices ETF in the third quarter valued at $19,830,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of NYSEARCA IHI opened at $54.50 on Friday. The stock’s 50-day moving average is $57.20 and its two-hundred day moving average is $53.07. The company has a market cap of $5.93 billion, a price-to-earnings ratio of 33.98 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $59.14.

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.