TPG Advisors LLC trimmed its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 65.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 5,788 shares of the company’s stock after selling 11,134 shares during the period. TPG Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $296,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Scarborough Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter valued at about $32,000. RMG Wealth Management LLC acquired a new position in iShares U.S. Medical Devices ETF during the first quarter valued at approximately $35,000. Ameliora Wealth Management Ltd. acquired a new position in iShares U.S. Medical Devices ETF during the first quarter valued at approximately $53,000. Merkkuri Wealth Advisors LLC acquired a new position in iShares U.S. Medical Devices ETF during the first quarter valued at approximately $53,000. Finally, Nalls Sherbakoff Group LLC bought a new position in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $57,000.
iShares U.S. Medical Devices ETF Price Performance
IHI stock traded down $0.27 during mid-day trading on Friday, reaching $53.74. The company had a trading volume of 12,112,442 shares, compared to its average volume of 2,569,396. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of 30.76 and a beta of 0.82. iShares U.S. Medical Devices ETF has a 52 week low of $47.37 and a 52 week high of $64.71. The stock has a 50 day simple moving average of $53.22 and a two-hundred day simple moving average of $51.85.
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.
Read More
- Five stocks we like better than iShares U.S. Medical Devices ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding IHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report).
Receive News & Ratings for iShares U.S. Medical Devices ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Medical Devices ETF and related companies with MarketBeat.com's FREE daily email newsletter.
