Fisher Asset Management LLC Sells 706,134 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Fisher Asset Management LLC trimmed its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 36.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,215,584 shares of the company’s stock after selling 706,134 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $71,987,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. International Assets Investment Management LLC boosted its stake in 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 buying an additional 744,407 shares in the last quarter. Flaharty Asset Management LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 1.9% during the second quarter. Flaharty Asset Management LLC now owns 431,783 shares of the company’s stock valued at $24,197,000 after acquiring an additional 8,241 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 11.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 400,501 shares of the company’s stock valued at $22,444,000 after purchasing an additional 41,737 shares in the last quarter. Raymond James & Associates grew its holdings in shares of iShares U.S. Medical Devices ETF by 0.5% in the 3rd quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock worth $22,428,000 after purchasing an additional 1,756 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its position in shares of iShares U.S. Medical Devices ETF by 8.7% during the 2nd quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock worth $16,298,000 after purchasing an additional 23,162 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.6 %

NYSEARCA:IHI opened at $60.69 on Tuesday. The firm has a market cap of $5.73 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12 month low of $49.47 and a 12 month high of $60.88. The company’s 50-day moving average price is $59.20 and its two-hundred day moving average price is $57.41.

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.