Retirement Planning Co of New England Inc. Sells 206 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Retirement Planning Co of New England Inc. reduced its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 16,501 shares of the company’s stock after selling 206 shares during the quarter. Retirement Planning Co of New England Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $963,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IHI. Assetmark Inc. increased its stake in iShares U.S. Medical Devices ETF by 20.7% in the 3rd quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after acquiring an additional 277 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in iShares U.S. Medical Devices ETF by 13.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 14,541 shares of the company’s stock worth $861,000 after acquiring an additional 1,682 shares during the last quarter. MAI Capital Management increased its position in shares of iShares U.S. Medical Devices ETF by 4.2% during the 3rd quarter. MAI Capital Management now owns 9,017 shares of the company’s stock valued at $534,000 after purchasing an additional 367 shares during the last quarter. Wharton Business Group LLC increased its position in shares of iShares U.S. Medical Devices ETF by 3.0% during the 3rd quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock valued at $16,395,000 after purchasing an additional 8,070 shares during the last quarter. Finally, Citizens Financial Group Inc. RI increased its position in shares of iShares U.S. Medical Devices ETF by 38.5% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 37,257 shares of the company’s stock valued at $2,206,000 after purchasing an additional 10,361 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Up 1.1 %

Shares of iShares U.S. Medical Devices ETF stock opened at $59.81 on Tuesday. The firm has a market capitalization of $4.70 billion, a PE ratio of 31.88 and a beta of 0.90. The business’s 50-day moving average price is $62.74 and its 200-day moving average price is $60.52. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18.

About iShares U.S. Medical Devices ETF

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.