D.A. Davidson & CO. Cuts Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

D.A. Davidson & CO. decreased its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.0% during the 3rd quarter, according to its most recent disclosure with the SEC. 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 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. GAMMA Investing LLC grew its holdings in 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 valued at $29,000 after purchasing an additional 246 shares in the last quarter. Global Trust Asset Management LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 400.0% during the second quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock valued at $42,000 after acquiring an additional 600 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter worth about $53,000. Strategic Financial Concepts LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the second quarter worth about $58,000. Finally, Blue Trust Inc. lifted its stake in shares of iShares U.S. Medical Devices ETF by 186.3% in the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock worth $60,000 after acquiring an additional 691 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 0.4 %

Shares of NYSEARCA IHI opened at $60.88 on Tuesday. iShares U.S. Medical Devices ETF has a fifty-two week low of $50.06 and a fifty-two week high of $61.28. The business has a 50 day moving average price of $59.36 and a two-hundred day moving average price of $57.58. The firm has a market cap of $5.75 billion, a PE 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.