Sigma Planning Corp Trims Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Sigma Planning Corp reduced its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,942 shares of the company’s stock after selling 1,220 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Medical Devices ETF were worth $1,105,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. International Assets Investment Management LLC raised 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 acquiring an additional 744,407 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares U.S. Medical Devices ETF by 127.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after purchasing an additional 674,168 shares during the period. Gimbal Financial purchased a new position in shares of iShares U.S. Medical Devices ETF during the 3rd quarter valued at approximately $6,609,000. Strategic Financial Concepts LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at $5,978,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in iShares U.S. Medical Devices ETF by 692.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 108,667 shares of the company’s stock worth $6,341,000 after buying an additional 94,959 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

IHI stock opened at $64.70 on Tuesday. iShares U.S. Medical Devices ETF has a one year low of $53.72 and a one year high of $65.18. The firm’s fifty day moving average is $61.85 and its 200 day moving average is $60.04. The firm has a market cap of $6.11 billion, a PE ratio of 35.18 and a beta of 0.83.

About iShares U.S. Medical Devices ETF

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.