D.A. Davidson & CO. Has $787,000 Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

D.A. Davidson & CO. reduced its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 13,283 shares of the company’s stock after selling 411 shares during the period. D.A. Davidson & CO.’s holdings in iShares U.S. Medical Devices ETF were worth $787,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 5,167.0% in the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares during the period. Gimbal Financial acquired a new position in shares of iShares U.S. Medical Devices ETF during the 3rd quarter valued at $6,609,000. Strategic Financial Concepts LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the 2nd quarter worth about $58,000. Millington Financial Advisors LLC boosted its holdings in iShares U.S. Medical Devices ETF by 618.3% in the second quarter. Millington Financial Advisors LLC now owns 56,919 shares of the company’s stock worth $3,190,000 after acquiring an additional 48,995 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 11.6% during the second quarter. Commonwealth Equity Services LLC now owns 400,501 shares of the company’s stock valued at $22,444,000 after buying an additional 41,737 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

Shares of IHI stock opened at $60.88 on Tuesday. The company has a market cap of $5.75 billion, a P/E ratio of 35.18 and a beta of 0.83. The firm has a 50-day moving average of $59.36 and a 200-day moving average of $57.58. iShares U.S. Medical Devices ETF has a one year low of $50.06 and a one year high of $61.28.

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.