iShares U.S. Medical Devices ETF $IHI Stake Lowered by LM Advisors LLC

LM Advisors LLC reduced its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 94.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,707 shares of the company’s stock after selling 59,267 shares during the period. LM Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IHI. Integrated Wealth Concepts LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 22.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 9,345 shares of the company’s stock valued at $562,000 after acquiring an additional 1,710 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 46.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock valued at $25,710,000 after acquiring an additional 135,927 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of iShares U.S. Medical Devices ETF by 15.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock valued at $82,000 after acquiring an additional 177 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of iShares U.S. Medical Devices ETF by 16.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 158,077 shares of the company’s stock valued at $9,902,000 after acquiring an additional 22,052 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 188.6% during the 2nd quarter. Jane Street Group LLC now owns 55,569 shares of the company’s stock valued at $3,481,000 after acquiring an additional 36,312 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

IHI stock opened at $49.67 on Friday. iShares U.S. Medical Devices ETF has a 1 year low of $47.37 and a 1 year high of $64.71. The company has a fifty day simple moving average of $51.04 and a 200 day simple moving average of $56.86. The firm has a market cap of $3.07 billion, a PE ratio of 30.76 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.