D.A. Davidson & CO. Sells 2,377 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

D.A. Davidson & CO. reduced its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 17.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,906 shares of the company’s stock after selling 2,377 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares U.S. Medical Devices ETF were worth $636,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Blue Trust Inc. lifted its position in iShares U.S. Medical Devices ETF by 186.3% during the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after purchasing an additional 691 shares during the last quarter. Private Advisor Group LLC lifted its position in iShares U.S. Medical Devices ETF by 10.0% during the third quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock valued at $3,924,000 after purchasing an additional 6,022 shares during the last quarter. International Assets Investment Management LLC lifted 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 purchasing an additional 744,407 shares during the last quarter. Arkadios Wealth Advisors lifted its position in iShares U.S. Medical Devices ETF by 14.9% during the third quarter. Arkadios Wealth Advisors now owns 5,700 shares of the company’s stock valued at $338,000 after purchasing an additional 740 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its position in iShares U.S. Medical Devices ETF by 1.7% during the third quarter. J.W. Cole Advisors Inc. now owns 43,062 shares of the company’s stock valued at $2,550,000 after purchasing an additional 700 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

Shares of iShares U.S. Medical Devices ETF stock opened at $64.70 on Tuesday. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $65.18. The firm has a market cap of $6.11 billion, a PE ratio of 35.18 and a beta of 0.83. The company has a 50 day simple moving average of $61.85 and a two-hundred day simple moving average of $60.04.

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.