Oppenheimer & Co. Inc. cut its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 31.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,862 shares of the company’s stock after selling 8,191 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $964,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently made changes to their positions in IHI. BlackRock Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 8.3% in the 1st quarter. BlackRock Inc. now owns 549,775 shares of the company’s stock worth $33,515,000 after acquiring an additional 42,367 shares in the last quarter. Vontobel Holding Ltd. raised its position in shares of iShares U.S. Medical Devices ETF by 39.0% in the 1st quarter. Vontobel Holding Ltd. now owns 23,188 shares of the company’s stock worth $1,413,000 after acquiring an additional 6,500 shares in the last quarter. Prudential Financial Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 15.3% in the 1st quarter. Prudential Financial Inc. now owns 81,588 shares of the company’s stock worth $4,974,000 after acquiring an additional 10,856 shares in the last quarter. Founders Financial Securities LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 1.9% in the 1st quarter. Founders Financial Securities LLC now owns 26,538 shares of the company’s stock valued at $1,618,000 after buying an additional 498 shares during the period. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of iShares U.S. Medical Devices ETF by 319.9% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 15,065 shares of the company’s stock valued at $918,000 after buying an additional 11,477 shares during the period.
iShares U.S. Medical Devices ETF Price Performance
Shares of IHI opened at $51.74 on Friday. The stock has a 50-day moving average of $54.97 and a 200-day moving average of $54.33. The company has a market cap of $5.63 billion, a PE ratio of 33.98 and a beta of 0.85. iShares U.S. Medical Devices ETF has a one year low of $46.21 and a one year high of $57.95.
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.
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