D. A. Davidson & CO. sells 845 shares of iShares US Medical Devices ETF (NYSEARCA:IHI)

DA Davidson & CO., according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). reduced its holdings in iShares US Medical Devices ETF (NYSEARCA:IHI – Free Report) by 4.8% in the fourth quarter. The fund owned 16,881 shares of the company after selling 845 shares during the quarter. At the end of the last quarter, the value of DA Davidson & CO. shares. in the iShares US Medical Devices ETF was $911,000.

A number of other hedge funds and other institutional investors also modified their holdings in IHI. Provence Wealth Management Group purchased a new position in iShares US Medical Devices ETF during the 3rd quarter valued at $43,000. Planned Solutions Inc. acquired a new position in the iShares US Medical Devices ETF during the fourth quarter worth approximately $49,000. Arvest Investments Inc. purchased a new position in the iShares US Medical Devices ETF during the fourth quarter worth approximately $52,000. Register Financial Advisors LLC acquired a new stake in iShares US Medical Devices ETF during the 4th quarter worth approximately $86,000. Finally, Aptus Capital Advisors LLC increased its holdings in iShares US Medical Devices ETF by 409.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,844 shares of the company’s stock valued at $89,000 after purchasing an additional 1,482 shares in the last quarter.

iShares US Medical Device ETFs Up 0.8%

NYSEARCA IHI shares opened at $56.07 on Tuesday. The iShares US Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $59.14. The company’s 50-day moving average is $56.30 and its 200-day moving average is $54.94. The company has a market capitalization of $5.30 billion, a PE ratio of 35.18 and a beta of 0.83.

iShares US Medical Devices ETF Profile

(free report)

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

Featured Stories

Want to see what other hedge funds are holding IHI? Visit HoldingsChannel.com for the latest 13F filings and insider trading for the iShares US Medical Devices ETF (NYSEARCA:IHI – Free Report).

Get daily news and ratings for the iShares US Medical Devices ETF – Enter your email address below to receive a daily concise summary of the latest news and analyst ratings for the iShares US Medical Devices ETF and related companies with MarketBeat.com’s FREE daily email newsletter.