iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC trimmed its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 34.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,800 shares of the company’s stock after selling 5,737 shares during the quarter. Mezzasalma Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $633,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Meitav Investment House Ltd. grew its position in iShares U.S. Medical Devices ETF by 16.6% during the 4th quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock worth $165,507,000 after purchasing an additional 436,752 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares U.S. Medical Devices ETF by 5.6% during the fourth quarter. Wells Fargo & Company MN now owns 1,328,701 shares of the company’s stock valued at $71,710,000 after buying an additional 70,238 shares in the last quarter. UBS Group AG raised its position in iShares U.S. Medical Devices ETF by 6.4% during the fourth quarter. UBS Group AG now owns 1,324,308 shares of the company’s stock valued at $71,473,000 after buying an additional 80,033 shares during the period. International Assets Investment Management LLC lifted its stake in iShares U.S. Medical Devices ETF by 5,065.2% in the 4th quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock worth $51,179,000 after acquiring an additional 929,926 shares in the last quarter. Finally, J Arnold Wealth Management Co boosted its position in iShares U.S. Medical Devices ETF by 6.8% during the 4th quarter. J Arnold Wealth Management Co now owns 544,644 shares of the company’s stock worth $29,395,000 after acquiring an additional 34,560 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA IHI traded down $0.21 during mid-day trading on Thursday, reaching $55.03. The company had a trading volume of 427,610 shares, compared to its average volume of 1,010,376. iShares U.S. Medical Devices ETF has a twelve month low of $43.96 and a twelve month high of $59.14. The stock’s 50 day moving average is $55.85 and its 200-day moving average is $56.01. The stock has a market capitalization of $5.20 billion, a PE ratio of 35.18 and a beta of 0.83.

About iShares U.S. Medical Devices ETF

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.