iShares U.S. Medical Devices ETF $IHI Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. cut its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 82.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,904 shares of the company’s stock after selling 65,682 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $835,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Salem Investment Counselors Inc. lifted its holdings in iShares U.S. Medical Devices ETF by 5.4% in the 3rd quarter. Salem Investment Counselors Inc. now owns 3,353 shares of the company’s stock worth $201,000 after buying an additional 172 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of iShares U.S. Medical Devices ETF by 15.7% during the second quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock worth $82,000 after acquiring an additional 177 shares during the last quarter. Summit Financial LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 2.1% in the first quarter. Summit Financial LLC now owns 9,045 shares of the company’s stock worth $544,000 after acquiring an additional 185 shares in the last quarter. Signet Financial Management LLC boosted its holdings in iShares U.S. Medical Devices ETF by 3.2% in the second quarter. Signet Financial Management LLC now owns 6,734 shares of the company’s stock valued at $422,000 after purchasing an additional 211 shares during the last quarter. Finally, Black Swift Group LLC grew its stake in iShares U.S. Medical Devices ETF by 5.0% during the 2nd quarter. Black Swift Group LLC now owns 5,280 shares of the company’s stock valued at $331,000 after purchasing an additional 250 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.5%

IHI stock opened at $62.63 on Monday. The stock’s 50 day moving average is $61.94 and its two-hundred day moving average is $61.40. iShares U.S. Medical Devices ETF has a 52-week low of $52.90 and a 52-week high of $65.18. The company has a market capitalization of $4.28 billion, a PE ratio of 30.76 and a beta of 0.89.

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.