Allworth Financial LP Has $2.68 Million Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Allworth Financial LP reduced its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,261 shares of the company’s stock after selling 937 shares during the quarter. Allworth Financial LP’s holdings in iShares U.S. Medical Devices ETF were worth $2,680,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 55.7% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 16,766 shares of the company’s stock valued at $982,000 after purchasing an additional 6,000 shares during the period. SpiderRock Advisors LLC bought a new stake in iShares U.S. Medical Devices ETF during the first quarter worth about $488,000. Hartline Investment Corp acquired a new position in iShares U.S. Medical Devices ETF during the first quarter valued at approximately $687,000. J.W. Cole Advisors Inc. raised its holdings in shares of iShares U.S. Medical Devices ETF by 28.7% during the 1st quarter. J.W. Cole Advisors Inc. now owns 40,994 shares of the company’s stock worth $2,402,000 after buying an additional 9,151 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its position in iShares U.S. Medical Devices ETF by 581.3% in the first quarter. BNP Paribas Financial Markets now owns 116,170 shares of the company’s stock valued at $6,806,000 after acquiring an additional 99,118 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.6 %

IHI stock opened at $58.97 on Monday. The firm has a 50-day moving average price of $58.72 and a 200-day moving average price of $56.81. iShares U.S. Medical Devices ETF has a 12 month low of $43.96 and a 12 month high of $60.43. The stock has a market capitalization of $5.57 billion, a P/E ratio of 35.18 and a beta of 0.83.

iShares U.S. Medical Devices ETF 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.