Oppenheimer & Co. Inc. cut its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 12.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,737 shares of the company’s stock after selling 1,804 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $743,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Modus Advisors LLC purchased a new stake in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA purchased a new stake in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $33,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares U.S. Medical Devices ETF during the third quarter valued at about $35,000. Aspect Partners LLC purchased a new stake in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $35,000. Finally, Synergy Asset Management LLC purchased a new stake in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $49,000.
iShares U.S. Medical Devices ETF Stock Up 0.5 %
NYSEARCA IHI opened at $63.43 on Thursday. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $65.18. The company has a market cap of $4.99 billion, a PE ratio of 31.88 and a beta of 0.90. The firm’s 50-day simple moving average is $62.45 and its two-hundred day simple moving average is $60.36.
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.
Read More
- Five stocks we like better than iShares U.S. Medical Devices ETF
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- How to Use Stock Screeners to Find Stocks
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Is Advanced Micro Devices Stock Slide Over?
Want to see what other hedge funds are holding IHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report).
Receive News & Ratings for iShares U.S. Medical Devices ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Medical Devices ETF and related companies with MarketBeat.com's FREE daily email newsletter.
