iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Stock Position Reduced by Fisher Asset Management LLC

Fisher Asset Management LLC lessened its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,148,732 shares of the company’s stock after selling 66,852 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $67,029,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Modus Advisors LLC bought a new position in iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $28,000. Comprehensive Financial Planning Inc. PA bought a new position in iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $33,000. RPg Family Wealth Advisory LLC bought a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $35,000. Aspect Partners LLC bought a new position in iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $35,000. Finally, Synergy Asset Management LLC bought a new position in iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $49,000.

iShares U.S. Medical Devices ETF Stock Up 1.0 %

NYSEARCA:IHI opened at $63.77 on Friday. The business’s 50 day moving average is $62.28 and its two-hundred day moving average is $60.24. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $65.18. The company has a market cap of $6.03 billion, a PE 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.