Sigma Planning Corp Cuts Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Sigma Planning Corp lessened its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 18,942 shares of the company’s stock after selling 1,220 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Medical Devices ETF were worth $1,105,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Assetmark Inc. raised its stake in iShares U.S. Medical Devices ETF by 20.7% in the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after buying an additional 277 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 5,167.0% in the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares during the period. Private Advisor Group LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 10.0% in the 3rd quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock valued at $3,924,000 after acquiring an additional 6,022 shares during the period. Blue Trust Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 86.5% in the 4th quarter. Blue Trust Inc. now owns 1,981 shares of the company’s stock worth $116,000 after acquiring an additional 919 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Medical Devices ETF by 127.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after purchasing an additional 674,168 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

IHI opened at $64.70 on Tuesday. The firm has a market capitalization of $6.11 billion, a PE ratio of 35.18 and a beta of 0.83. The business’s 50-day moving average is $61.85 and its two-hundred day moving average is $60.04. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 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.