Diversified LLC Sells 2,444 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Diversified LLC trimmed its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.4% in the third quarter, HoldingsChannel.com reports. The firm owned 53,295 shares of the company’s stock after selling 2,444 shares during the period. iShares U.S. Medical Devices ETF accounts for about 0.3% of Diversified LLC’s investment portfolio, making the stock its 24th largest holding. Diversified LLC’s holdings in iShares U.S. Medical Devices ETF were worth $3,156,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IHI. GAMMA Investing LLC grew its holdings in iShares U.S. Medical Devices ETF by 91.1% during the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $29,000 after acquiring an additional 246 shares during the period. Global Trust Asset Management LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 400.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares during the last quarter. Truvestments Capital LLC purchased a new position in iShares U.S. Medical Devices ETF in the 3rd quarter valued at approximately $53,000. Blue Trust Inc. grew its stake in iShares U.S. Medical Devices ETF by 186.3% in the 3rd quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after buying an additional 691 shares in the last quarter. Finally, Mather Group LLC. grew its stake in iShares U.S. Medical Devices ETF by 52.6% in the 2nd quarter. Mather Group LLC. now owns 1,096 shares of the company’s stock valued at $64,000 after buying an additional 378 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.1 %

iShares U.S. Medical Devices ETF stock opened at $60.35 on Monday. The firm has a market capitalization of $5.70 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 1-year low of $49.47 and a 1-year high of $60.88. The firm has a 50 day simple moving average of $59.20 and a 200 day simple moving average of $57.41.

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.