Cetera Investment Advisers Has $13.31 Million Stock Holdings in iShares U.S. Medical Devices ETF $IHI

Cetera Investment Advisers trimmed its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 23.3% during the first quarter, Holdings Channel reports. The firm owned 249,409 shares of the company’s stock after selling 75,742 shares during the quarter. Cetera Investment Advisers’ holdings in iShares U.S. Medical Devices ETF were worth $13,306,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. grew its holdings in iShares U.S. Medical Devices ETF by 107.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 386 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the period. FWL Investment Management LLC bought a new stake in iShares U.S. Medical Devices ETF in the third quarter valued at approximately $27,000. Flagship Harbor Advisors LLC bought a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $29,000. Group One Trading LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the second quarter valued at approximately $29,000. Finally, Modus Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $30,000.

iShares U.S. Medical Devices ETF Trading Up 1.2%

Shares of NYSEARCA IHI opened at $53.30 on Thursday. iShares U.S. Medical Devices ETF has a 12 month low of $47.37 and a 12 month high of $64.71. The stock has a 50 day moving average of $50.23 and a 200-day moving average of $53.92. The company has a market capitalization of $3.20 billion, a P/E ratio of 30.76 and a beta of 0.82.

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.