NBC Securities Inc. Has $1.17 Million Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

NBC Securities Inc. lowered its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 18.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,786 shares of the company’s stock after selling 4,452 shares during the quarter. NBC Securities Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,171,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Headlands Technologies LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 1st quarter worth approximately $27,000. GAMMA Investing LLC boosted its stake in iShares U.S. Medical Devices ETF by 91.1% in the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after buying an additional 246 shares in the last quarter. BNP Paribas bought a new position in iShares U.S. Medical Devices ETF in the first quarter valued at about $35,000. Mather Group LLC. bought a new position in iShares U.S. Medical Devices ETF in the first quarter valued at about $39,000. Finally, Global Trust Asset Management LLC raised its stake in iShares U.S. Medical Devices ETF by 400.0% during the second quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $42,000 after acquiring an additional 600 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.7 %

IHI opened at $58.71 on Wednesday. The company has a market cap of $5.55 billion, a P/E ratio of 35.18 and a beta of 0.83. The company’s 50 day moving average is $58.18 and its 200-day moving average is $56.69. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $60.11.

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.