Gallacher Capital Management LLC reduced its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 4.4% in the second quarter, HoldingsChannel reports. The fund owned 9,204 shares of the company’s stock after selling 428 shares during the period. Gallacher Capital Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $516,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Headlands Technologies LLC purchased a new position in iShares U.S. Medical Devices ETF in the first quarter worth about $27,000. GAMMA Investing LLC raised its stake in iShares U.S. Medical Devices ETF by 91.1% during the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after buying an additional 246 shares during the last quarter. BNP Paribas purchased a new stake in iShares U.S. Medical Devices ETF during the 1st quarter valued at $35,000. Livelsberger Financial Advisory purchased a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth $39,000. Finally, Mather Group LLC. purchased a new position in shares of iShares U.S. Medical Devices ETF in the 1st quarter worth $39,000.
iShares U.S. Medical Devices ETF Price Performance
Shares of IHI opened at $58.06 on Friday. iShares U.S. Medical Devices ETF has a one year low of $43.96 and a one year high of $59.14. The business has a fifty day moving average of $56.46 and a 200 day moving average of $56.48. The firm has a market capitalization of $5.49 billion, a P/E ratio of 35.18 and a beta of 0.83.
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.
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