Harel Insurance Investments & Financial Services Ltd. Has $43.28 Million Stock Position in iShares U.S. Medical Devices ETF $IHI

Harel Insurance Investments & Financial Services Ltd. lessened its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 690,929 shares of the company’s stock after selling 20,400 shares during the period. Harel Insurance Investments & Financial Services Ltd. owned approximately 0.96% of iShares U.S. Medical Devices ETF worth $43,280,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wayfinding Financial LLC acquired a new position in shares of iShares U.S. Medical Devices ETF during the first quarter worth approximately $25,000. Columbia River Financial Group LLC bought a new stake in iShares U.S. Medical Devices ETF during the 1st quarter valued at $34,000. Legend Financial Advisors Inc. acquired a new position in iShares U.S. Medical Devices ETF during the second quarter worth $36,000. Key Financial Inc raised its holdings in iShares U.S. Medical Devices ETF by 36.1% during the first quarter. Key Financial Inc now owns 968 shares of the company’s stock worth $58,000 after buying an additional 257 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the second quarter valued at $58,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of NYSEARCA IHI opened at $60.19 on Friday. The company has a 50-day moving average price of $60.80 and a 200-day moving average price of $60.87. The stock has a market capitalization of $4.11 billion, a P/E ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a 1 year low of $52.90 and a 1 year high of $65.18.

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.