Moloney Securities Asset Management LLC Sells 552 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Moloney Securities Asset Management LLC reduced its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 11.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,286 shares of the company’s stock after selling 552 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $250,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IHI. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Medical Devices ETF by 127.6% during the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after acquiring an additional 674,168 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 5,167.0% during the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock worth $44,937,000 after purchasing an additional 744,407 shares during the period. Raymond James & Associates boosted its holdings in shares of iShares U.S. Medical Devices ETF by 0.5% in the 3rd 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 last quarter. Wharton Business Group LLC increased its holdings in iShares U.S. Medical Devices ETF by 3.0% during the third quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock worth $16,395,000 after buying an additional 8,070 shares during the last quarter. Finally, Baltimore Washington Financial Advisors Inc. raised its position in iShares U.S. Medical Devices ETF by 3.1% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 272,425 shares of the company’s stock worth $16,133,000 after acquiring an additional 8,199 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 0.4 %

iShares U.S. Medical Devices ETF stock opened at $64.13 on Wednesday. The firm has a 50 day moving average price of $61.07 and a 200-day moving average price of $59.45. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The company has a market capitalization of $6.06 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.