Migdal Insurance & Financial Holdings Ltd. reduced its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 31.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,961 shares of the company’s stock after selling 882 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares U.S. Medical Devices ETF were worth $114,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Modus Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth $28,000. RPg Family Wealth Advisory LLC bought a new position in iShares U.S. Medical Devices ETF during the 3rd quarter valued at $35,000. Synergy Asset Management LLC bought a new position in iShares U.S. Medical Devices ETF during the 4th quarter valued at $49,000. Truvestments Capital LLC bought a new position in iShares U.S. Medical Devices ETF during the 3rd quarter valued at $53,000. Finally, TD Private Client Wealth LLC lifted its stake in iShares U.S. Medical Devices ETF by 49.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after acquiring an additional 311 shares in the last quarter.
iShares U.S. Medical Devices ETF Trading Down 0.4 %
Shares of NYSEARCA:IHI opened at $63.81 on Friday. The stock’s fifty day simple moving average is $60.94 and its two-hundred day simple moving average is $59.29. iShares U.S. Medical Devices ETF has a 1-year low of $53.72 and a 1-year high of $65.18. The stock has a market cap of $6.03 billion, a PE ratio of 35.18 and a beta of 0.83.
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.
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