iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lessened its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 33.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 589 shares of the company’s stock after selling 300 shares during the quarter. Fifth Third Bancorp’s holdings in iShares U.S. Medical Devices ETF were worth $33,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IHI. Headlands Technologies LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter worth about $27,000. GAMMA Investing LLC boosted its position in iShares U.S. Medical Devices ETF by 91.1% in the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $29,000 after purchasing an additional 246 shares in the last quarter. BNP Paribas acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 1st quarter worth approximately $35,000. Livelsberger Financial Advisory purchased a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at approximately $39,000. Finally, Mather Group LLC. acquired a new position in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at $39,000.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA IHI opened at $57.96 on Tuesday. The company has a market capitalization of $5.48 billion, a PE ratio of 35.18 and a beta of 0.83. The company’s fifty day moving average price is $56.01 and its 200 day moving average price is $56.37. 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.