Fifth Third Securities Inc. Has $835,000 Stock Position in iShares U.S. Medical Devices ETF $IHI

Fifth Third Securities Inc. lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 82.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,904 shares of the company’s stock after selling 65,682 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $835,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of IHI. Country Trust Bank acquired a new position in shares of iShares U.S. Medical Devices ETF in the second quarter worth about $28,000. Group One Trading LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the 2nd quarter valued at approximately $29,000. Legend Financial Advisors Inc. purchased a new stake in shares of iShares U.S. Medical Devices ETF in the 2nd quarter valued at approximately $36,000. RMG Wealth Management LLC acquired a new position in iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $58,000. Finally, Russell Investments Group Ltd. grew its position in iShares U.S. Medical Devices ETF by 15.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock worth $82,000 after purchasing an additional 177 shares in the last quarter.

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

Shares of NYSEARCA:IHI opened at $62.63 on Monday. The company’s fifty day moving average is $61.94 and its two-hundred day moving average is $61.40. The company has a market cap of $4.28 billion, a P/E ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a 12-month low of $52.90 and a 12-month high of $65.18.

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.