M&T Bank Corp Sells 29,125 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

M&T Bank Corp cut its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 94.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,769 shares of the company’s stock after selling 29,125 shares during the period. M&T Bank Corp’s holdings in iShares U.S. Medical Devices ETF were worth $639,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Summit Financial Group Inc. lifted its position in shares of iShares U.S. Medical Devices ETF by 322.4% during the second quarter. Summit Financial Group Inc. now owns 3,590 shares of the company’s stock valued at $1,296,000 after buying an additional 2,740 shares during the last quarter. Marshall Financial Group LLC purchased a new position in iShares U.S. Medical Devices ETF during the 2nd quarter worth approximately $213,000. Brookstone Capital Management purchased a new position in iShares U.S. Medical Devices ETF during the 2nd quarter worth approximately $3,407,000. Spence Asset Management raised its position in iShares U.S. Medical Devices ETF by 0.7% during the 2nd quarter. Spence Asset Management now owns 5,552 shares of the company’s stock worth $2,004,000 after buying an additional 37 shares during the last quarter. Finally, Segment Wealth Management LLC raised its position in iShares U.S. Medical Devices ETF by 4.1% during the 2nd quarter. Segment Wealth Management LLC now owns 14,211 shares of the company’s stock worth $5,131,000 after buying an additional 560 shares during the last quarter.

Shares of NYSEARCA IHI opened at $64.61 on Thursday. The firm’s 50 day simple moving average is $64.43 and its 200-day simple moving average is $61.04. iShares U.S. Medical Devices ETF has a 12 month low of $49.02 and a 12 month high of $67.29.

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Institutional Ownership by Quarter for iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

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