iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Stake Lessened by Mason & Associates Inc

Mason & Associates Inc decreased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 47,537 shares of the company’s stock after selling 556 shares during the period. iShares U.S. Medical Devices ETF comprises 0.7% of Mason & Associates Inc’s holdings, making the stock its 27th largest holding. Mason & Associates Inc’s holdings in iShares U.S. Medical Devices ETF were worth $2,774,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC raised its position in iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares U.S. Medical Devices ETF by 127.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after buying an additional 674,168 shares during the period. Gimbal Financial acquired a new position in shares of iShares U.S. Medical Devices ETF during the third quarter worth approximately $6,609,000. Dale Q Rice Investment Management Ltd acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth $4,247,000. Finally, Eaton Financial Holdings Company LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter worth $2,061,000.

iShares U.S. Medical Devices ETF Trading Up 1.5 %

Shares of NYSEARCA:IHI opened at $60.62 on Thursday. The business’s 50 day moving average is $59.80 and its 200-day moving average is $58.38. The firm has a market capitalization of $5.73 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 1-year low of $53.72 and a 1-year high of $61.28.

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.