Northeast Financial Consultants Inc reduced its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 12.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 138,701 shares of the company’s stock after selling 20,388 shares during the quarter. Northeast Financial Consultants Inc’s holdings in iShares U.S. Medical Devices ETF were worth $7,773,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. Headlands Technologies LLC purchased a new position in iShares U.S. Medical Devices ETF during the first quarter worth approximately $27,000. GAMMA Investing LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 91.1% during the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $29,000 after acquiring an additional 246 shares during the period. BNP Paribas acquired a new position in shares of iShares U.S. Medical Devices ETF during the 1st quarter valued at about $35,000. Livelsberger Financial Advisory acquired a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at about $39,000. Finally, Mather Group LLC. purchased a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter valued at about $39,000.
iShares U.S. Medical Devices ETF Price Performance
Shares of IHI stock opened at $58.75 on Friday. The company has a market capitalization of $5.55 billion, a PE ratio of 35.18 and a beta of 0.83. The firm’s 50-day moving average is $57.47 and its two-hundred day moving average is $56.63. iShares U.S. Medical Devices ETF has a 12 month low of $43.96 and a 12 month high of $60.11.
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.
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