Allworth Financial LP Sells 507 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Allworth Financial LP reduced its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,754 shares of the company’s stock after selling 507 shares during the quarter. Allworth Financial LP’s holdings in iShares U.S. Medical Devices ETF were worth $2,831,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IHI. Assetmark Inc. increased its stake in iShares U.S. Medical Devices ETF by 20.7% in the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock valued at $96,000 after acquiring an additional 277 shares during the last quarter. Raymond James & Associates increased its stake in shares of iShares U.S. Medical Devices ETF by 0.5% in the 3rd quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock valued at $22,428,000 after purchasing an additional 1,756 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 5,167.0% during the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock worth $44,937,000 after buying an additional 744,407 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 10.0% during the 3rd quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock worth $3,924,000 after buying an additional 6,022 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in iShares U.S. Medical Devices ETF by 127.6% in the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after buying an additional 674,168 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.2 %

Shares of NYSEARCA IHI opened at $64.35 on Tuesday. The company has a market cap of $6.08 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18. The stock has a 50-day moving average price of $61.39 and a two-hundred day moving average price of $59.71.

iShares U.S. Medical Devices ETF 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.