iShares U.S. Medical Devices ETF $IHI Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lessened its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 12.7% in the second quarter, Holdings Channel.com reports. The firm owned 10,953 shares of the company’s stock after selling 1,589 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $686,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 20.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 267,366 shares of the company’s stock valued at $16,093,000 after buying an additional 45,423 shares during the last quarter. QRG Capital Management Inc. bought a new position in iShares U.S. Medical Devices ETF during the 1st quarter valued at $290,000. ORG Partners LLC acquired a new position in iShares U.S. Medical Devices ETF during the 1st quarter worth $59,000. Oppenheimer & Co. Inc. increased its position in shares of iShares U.S. Medical Devices ETF by 11.4% in the 1st quarter. Oppenheimer & Co. Inc. now owns 14,184 shares of the company’s stock worth $854,000 after purchasing an additional 1,447 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its position in shares of iShares U.S. Medical Devices ETF by 15.5% during the first quarter. Valmark Advisers Inc. now owns 4,627 shares of the company’s stock worth $278,000 after purchasing an additional 622 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Up 1.2%

Shares of iShares U.S. Medical Devices ETF stock opened at $59.82 on Monday. The business has a 50-day moving average price of $60.90 and a 200 day moving average price of $60.51. iShares U.S. Medical Devices ETF has a fifty-two week low of $52.90 and a fifty-two week high of $65.18. The firm has a market cap of $4.15 billion, a P/E ratio of 30.76 and a beta of 0.85.

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.