Global Trust Asset Management LLC Trims Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Global Trust Asset Management LLC decreased its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 52.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,450 shares of the company’s stock after selling 1,600 shares during the quarter. Global Trust Asset Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $85,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Modus Advisors LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $28,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter valued at approximately $35,000. Truvestments Capital LLC purchased a new stake in iShares U.S. Medical Devices ETF in the third quarter worth $53,000. TD Private Client Wealth LLC raised its holdings in iShares U.S. Medical Devices ETF by 49.8% in the third quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock worth $55,000 after purchasing an additional 311 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in iShares U.S. Medical Devices ETF by 186.3% during 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 during the period.

iShares U.S. Medical Devices ETF Trading Up 0.3 %

Shares of IHI stock opened at $63.25 on Thursday. The company’s fifty day moving average price is $60.02 and its 200-day moving average price is $58.63. The stock has a market cap of $5.98 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 $53.72 and a 12 month high of $63.79.

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.