Fisher Asset Management LLC lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 5.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,148,732 shares of the company’s stock after selling 66,852 shares during the quarter. Fisher Asset Management LLC owned about 1.22% of iShares U.S. Medical Devices ETF worth $67,029,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $33,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the third quarter valued at about $35,000. Aspect Partners LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 4th quarter valued at approximately $35,000. Finally, Synergy Asset Management LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 4th quarter valued at approximately $49,000.
iShares U.S. Medical Devices ETF Stock Up 1.0 %
Shares of NYSEARCA IHI opened at $63.77 on Friday. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $65.18. The business has a 50 day moving average price of $62.28 and a two-hundred day moving average price of $60.24. The firm has a market cap of $6.03 billion, a PE ratio of 35.18 and a beta of 0.83.
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.
Further Reading
- Five stocks we like better than iShares U.S. Medical Devices ETF
- What is the S&P 500 and How It is Distinct from Other Indexes
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- Stock Market Sectors: What Are They and How Many Are There?
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- Why Are Stock Sectors Important to Successful Investing?
- MarketBeat Week in Review – 02/24 – 02/28
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.
