Harbour Investments Inc. Reduces Holdings in iShares U.S. Medical Devices ETF $IHI

Harbour Investments Inc. lowered its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 12.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,953 shares of the company’s stock after selling 1,589 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $686,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IHI. Wealth Enhancement Advisory Services LLC lifted its stake in iShares U.S. Medical Devices ETF by 20.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 267,366 shares of the company’s stock valued at $16,093,000 after buying an additional 45,423 shares during the last quarter. QRG Capital Management Inc. acquired a new position in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at $290,000. ORG Partners LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 1st quarter valued at $59,000. Oppenheimer & Co. Inc. boosted its stake in iShares U.S. Medical Devices ETF by 11.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 14,184 shares of the company’s stock worth $854,000 after purchasing an additional 1,447 shares during the period. Finally, Valmark Advisers Inc. grew its position in iShares U.S. Medical Devices ETF by 15.5% during the 1st quarter. Valmark Advisers Inc. now owns 4,627 shares of the company’s stock worth $278,000 after purchasing an additional 622 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA IHI opened at $59.82 on Monday. The firm’s fifty day moving average is $60.90 and its two-hundred day moving average is $60.51. iShares U.S. Medical Devices ETF has a one year low of $52.90 and a one year high of $65.18. The firm has a market cap of $4.15 billion, a PE ratio of 30.76 and a beta of 0.85.

iShares U.S. Medical Devices ETF 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.