Madden Advisory Services Inc. Sells 4,190 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Madden Advisory Services Inc. lowered its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 7.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 48,752 shares of the company’s stock after selling 4,190 shares during the quarter. iShares U.S. Medical Devices ETF accounts for 1.3% of Madden Advisory Services Inc.’s holdings, making the stock its 25th biggest holding. Madden Advisory Services Inc. owned approximately 0.05% of iShares U.S. Medical Devices ETF worth $2,887,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake in shares of iShares U.S. Medical Devices ETF by 581.3% in the first quarter. BNP Paribas Financial Markets now owns 116,170 shares of the company’s stock valued at $6,806,000 after acquiring an additional 99,118 shares during the period. Janney Montgomery Scott LLC lifted its stake in iShares U.S. Medical Devices ETF by 3.5% in the first quarter. Janney Montgomery Scott LLC now owns 121,734 shares of the company’s stock worth $7,132,000 after purchasing an additional 4,063 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 7.1% during the first quarter. Larson Financial Group LLC now owns 3,637 shares of the company’s stock valued at $213,000 after buying an additional 242 shares during the period. Riggs Asset Managment Co. Inc. bought a new position in shares of iShares U.S. Medical Devices ETF during the first quarter valued at approximately $6,363,000. Finally, Gallacher Capital Management LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 2.0% during the 1st quarter. Gallacher Capital Management LLC now owns 9,632 shares of the company’s stock worth $564,000 after acquiring an additional 190 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.0 %

IHI opened at $59.15 on Tuesday. The business has a fifty day moving average of $58.83 and a 200 day moving average of $56.92. iShares U.S. Medical Devices ETF has a 52-week low of $45.03 and a 52-week high of $60.43. The stock has a market cap of $5.59 billion, a P/E ratio of 35.18 and a beta of 0.83.

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.