Private Advisor Group LLC Sells 5,071 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Private Advisor Group LLC lowered its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 7.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,192 shares of the company’s stock after selling 5,071 shares during the quarter. Private Advisor Group LLC owned about 0.06% of iShares U.S. Medical Devices ETF worth $3,571,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Modus Advisors LLC acquired a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth $28,000. Comprehensive Financial Planning Inc. PA bought a new position in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $33,000. RPg Family Wealth Advisory LLC acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter valued at about $35,000. Synergy Asset Management LLC bought a new stake in iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $49,000. Finally, Truvestments Capital LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the third quarter valued at approximately $53,000.

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

NYSEARCA IHI opened at $64.36 on Monday. The business has a fifty day simple moving average of $61.75 and a 200 day simple moving average of $59.98. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18. The firm has a market capitalization of $6.08 billion, a P/E ratio of 35.18 and a beta of 0.83.

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.