Private Advisor Group LLC Trims Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Private Advisor Group LLC cut its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHIFree Report) by 14.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,527 shares of the company’s stock after selling 11,132 shares during the period. Private Advisor Group LLC owned 0.07% of iShares U.S. Medical Devices ETF worth $3,838,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Penserra Capital Management LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $395,000. Advisors Capital Management LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 10.8% in the 3rd quarter. Advisors Capital Management LLC now owns 7,814 shares of the company’s stock valued at $379,000 after acquiring an additional 759 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 3,825.1% in the 3rd quarter. EP Wealth Advisors LLC now owns 165,208 shares of the company’s stock worth $8,013,000 after acquiring an additional 160,999 shares during the last quarter. Modera Wealth Management LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $19,830,000. Finally, Anchor Investment Management LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at approximately $5,187,000.

iShares U.S. Medical Devices ETF Stock Up 1.4 %

Shares of NYSEARCA IHI opened at $55.82 on Friday. iShares U.S. Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $59.14. The business’s 50 day moving average is $55.85 and its two-hundred day moving average is $56.05. The firm has a market cap of $5.27 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

About iShares U.S. Medical Devices ETF

(Free Report)

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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Institutional Ownership by Quarter for iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

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