Dakota Wealth Management Lowers Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Dakota Wealth Management lowered its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 123,244 shares of the company’s stock after selling 4,311 shares during the period. Dakota Wealth Management owned about 0.13% of iShares U.S. Medical Devices ETF worth $7,298,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Global Trust Asset Management LLC increased its position in iShares U.S. Medical Devices ETF by 306.7% during the 3rd quarter. Global Trust Asset Management LLC now owns 3,050 shares of the company’s stock valued at $181,000 after purchasing an additional 2,300 shares during the period. International Assets Investment Management LLC boosted its stake in shares of 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 in the last quarter. Private Advisor Group LLC increased its holdings 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 buying an additional 6,022 shares during the period. Cahaba Wealth Management Inc. bought a new position in iShares U.S. Medical Devices ETF in the third quarter worth approximately $245,000. Finally, Raymond James & Associates lifted its holdings in iShares U.S. Medical Devices ETF by 0.5% during the third quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock worth $22,428,000 after buying an additional 1,756 shares during the period.

iShares U.S. Medical Devices ETF Trading Down 0.2 %

Shares of NYSEARCA IHI opened at $59.32 on Friday. The stock has a market capitalization of $5.61 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12-month low of $43.96 and a 12-month high of $60.43. The stock’s fifty day simple moving average is $58.68 and its two-hundred day simple moving average is $56.80.

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.