Diversified LLC Has $3.16 Million Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Diversified LLC reduced its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,295 shares of the company’s stock after selling 2,444 shares during the quarter. iShares U.S. Medical Devices ETF accounts for 0.3% of Diversified LLC’s portfolio, making the stock its 24th largest position. Diversified LLC owned about 0.06% of iShares U.S. Medical Devices ETF worth $3,156,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 91.1% in the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after buying an additional 246 shares in the last quarter. Global Trust Asset Management LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 400.0% in the second quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock valued at $42,000 after buying an additional 600 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the third quarter valued at $53,000. Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the second quarter valued at $58,000. Finally, Blue Trust Inc. increased its stake in shares of iShares U.S. Medical Devices ETF by 186.3% in the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after buying an additional 691 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA:IHI opened at $60.35 on Monday. iShares U.S. Medical Devices ETF has a twelve month low of $49.47 and a twelve month high of $60.88. The firm has a market cap of $5.70 billion, a PE ratio of 35.18 and a beta of 0.83. The business has a fifty day moving average of $59.20 and a 200-day moving average of $57.41.

iShares U.S. Medical Devices ETF 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.