B. Riley Wealth Advisors Inc. decreased its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 10.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,143 shares of the company’s stock after selling 13,602 shares during the period. B. Riley Wealth Advisors Inc. owned 0.12% of iShares U.S. Medical Devices ETF worth $6,688,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Headlands Technologies LLC purchased a new position in iShares U.S. Medical Devices ETF in the 1st quarter worth approximately $27,000. BNP Paribas bought a new stake in iShares U.S. Medical Devices ETF in the first quarter worth $35,000. Livelsberger Financial Advisory purchased a new stake in iShares U.S. Medical Devices ETF during the 4th quarter valued at about $39,000. Mather Group LLC. purchased a new position in iShares U.S. Medical Devices ETF in the 1st quarter worth approximately $39,000. Finally, Arvest Investments Inc. bought a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $52,000.
iShares U.S. Medical Devices ETF Price Performance
IHI traded up $0.15 on Wednesday, hitting $54.90. The company had a trading volume of 965,039 shares, compared to its average volume of 983,262. iShares U.S. Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $59.14. The firm has a market capitalization of $5.19 billion, a P/E ratio of 35.18 and a beta of 0.83. The stock has a fifty day simple moving average of $55.87 and a 200-day simple moving average of $56.29.
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.
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