Mascoma Wealth Management LLC Decreases Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Mascoma Wealth Management LLC lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,442 shares of the company’s stock after selling 490 shares during the quarter. Mascoma Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $508,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Glenview Trust co lifted its stake in iShares U.S. Medical Devices ETF by 5.6% in the 4th quarter. Glenview Trust co now owns 18,905 shares of the company’s stock worth $1,103,000 after purchasing an additional 1,000 shares in the last quarter. FineMark National Bank & Trust purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth $223,000. LM Advisors LLC lifted its stake in iShares U.S. Medical Devices ETF by 4.4% in the 4th quarter. LM Advisors LLC now owns 74,285 shares of the company’s stock worth $4,334,000 after purchasing an additional 3,140 shares in the last quarter. Comerica Bank lifted its stake in iShares U.S. Medical Devices ETF by 18.7% in the 4th quarter. Comerica Bank now owns 8,345 shares of the company’s stock worth $487,000 after purchasing an additional 1,312 shares in the last quarter. Finally, Tudor Investment Corp ET AL lifted its stake in iShares U.S. Medical Devices ETF by 43.1% in the 4th quarter. Tudor Investment Corp ET AL now owns 18,407 shares of the company’s stock worth $1,074,000 after purchasing an additional 5,547 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.5%

Shares of IHI stock opened at $62.07 on Friday. The company’s fifty day simple moving average is $60.85 and its two-hundred day simple moving average is $60.77. iShares U.S. Medical Devices ETF has a 52 week low of $52.90 and a 52 week high of $65.18. The stock has a market cap of $4.56 billion, a P/E ratio of 31.04 and a beta of 0.85.

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.