Oppenheimer & Co. Inc. Reduces Stake in iShares US Medical Devices ETF (NYSEARCA:IHI)

Oppenheimer & Co. Inc. reduced its stake in iShares US Medical Devices ETF (NYSEARCA:IHI – Free Report) by 72.1% in the first quarter, according to its latest filing with the Securities and Exchange Commission (SEC). The firm now owns 14,352 shares of the company after selling 37,064 shares during the period. Oppenheimer & Co. Inc.’s stake in iShares US Medical Devices ETF was worth $841,000 at the end of the last reporting period.

A number of other major investors also bought and sold shares of IHI. International Assets Investment Management LLC increased its holdings in shares of iShares US Medical Devices ETF by 5,065.2% during the fourth quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock worth $51,179,000 after purchasing an additional 929,926 shares during the period. Meitav Investment House Ltd. increased its holdings in shares of iShares US Medical Devices ETF by 16.6% in the fourth quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock worth $165,507,000 after purchasing an additional 436,752 shares during the period. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new position in shares of iShares US Medical Devices ETF during the fourth quarter worth approximately $20,811,000. Migdal Insurance & Financial Holdings Ltd. increased its holdings in iShares US Medical Devices ETF by 5,532.7% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 356,326 shares of the company’s stock worth $19,231,000 after purchasing an additional 350,000 shares during the period. Finally, Global Assets Advisory LLC increased its holdings in iShares US Medical Devices ETF by 1,148.5% during the first quarter. Global Assets Advisory LLC now owns 145,160 shares of the company’s stock worth $8,505,000 after purchasing an additional 133,533 shares during the period.

iShares US Medical Devices ETF Stock Performance

IHI opened at $55.81 on Tuesday. iShares US Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $59.14. The stock has a market cap of $5.27 billion, a P/E ratio of 35.18 and a beta of 0.83. The stock’s 50 day moving average price is $55.91, and its 200 day moving average price is $56.15.

About the iShares US Medical Devices ETF

(Free report)

iShares US Medical Devices ETF (IHI) is an exchange-traded fund that tracks the DJ US Select \u002F Medical Equipment Index, a market-capitalization-weighted index of medical device manufacturers and distributors in the U.S. IHI was launched on May 1, 2006, and is managed by BlackRock.

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