iShares U.S. Medical Devices ETF $IHI Shares Sold by Menora Mivtachim Holdings LTD.

Menora Mivtachim Holdings LTD. lowered its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 18.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,946,450 shares of the company’s stock after selling 918,100 shares during the quarter. iShares U.S. Medical Devices ETF makes up about 1.2% of Menora Mivtachim Holdings LTD.’s holdings, making the stock its 26th largest holding. Menora Mivtachim Holdings LTD. owned 5.77% of iShares U.S. Medical Devices ETF worth $237,103,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Integrated Wealth Concepts LLC increased its position in shares of iShares U.S. Medical Devices ETF by 22.4% during the first quarter. Integrated Wealth Concepts LLC now owns 9,345 shares of the company’s stock worth $562,000 after purchasing an additional 1,710 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in iShares U.S. Medical Devices ETF by 46.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock valued at $25,710,000 after purchasing an additional 135,927 shares in the last quarter. Savant Capital LLC boosted its stake in iShares U.S. Medical Devices ETF by 6.6% during the 2nd quarter. Savant Capital LLC now owns 5,937 shares of the company’s stock worth $372,000 after purchasing an additional 367 shares during the last quarter. Montag A & Associates Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 62.8% during the second quarter. Montag A & Associates Inc. now owns 3,370 shares of the company’s stock worth $211,000 after buying an additional 1,300 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 21.8% during the second quarter. Foundations Investment Advisors LLC now owns 7,204 shares of the company’s stock worth $451,000 after buying an additional 1,289 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 2.3%

Shares of NYSEARCA IHI opened at $54.97 on Friday. The firm has a 50-day simple moving average of $59.90 and a 200-day simple moving average of $61.01. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a 52 week low of $52.90 and a 52 week high of $64.71.

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.