Moloney Securities Asset Management LLC Sells 1,812 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Moloney Securities Asset Management LLC decreased its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 27.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,838 shares of the company’s stock after selling 1,812 shares during the period. Moloney Securities Asset Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $287,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC lifted 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 purchasing an additional 744,407 shares during the last quarter. Flaharty Asset Management LLC lifted its stake in iShares U.S. Medical Devices ETF by 1.9% in the 2nd quarter. Flaharty Asset Management LLC now owns 431,783 shares of the company’s stock valued at $24,197,000 after purchasing an additional 8,241 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in 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 during the last quarter. Raymond James & Associates lifted its stake in 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 valued at $22,428,000 after purchasing an additional 1,756 shares during the last quarter. Finally, RiverFront Investment Group LLC lifted its stake in iShares U.S. Medical Devices ETF by 8.7% in the 2nd quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock valued at $16,298,000 after purchasing an additional 23,162 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA:IHI opened at $59.77 on Thursday. iShares U.S. Medical Devices ETF has a 52-week low of $45.03 and a 52-week high of $60.88. The company has a market capitalization of $5.65 billion, a P/E ratio of 35.18 and a beta of 0.83. The company has a 50-day simple moving average of $58.91 and a 200 day simple moving average of $57.00.

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.