Fisher Asset Management LLC Has $112.20 Million Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Fisher Asset Management LLC reduced its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,078,932 shares of the company’s stock after selling 107,061 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $112,200,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in IHI. Millington Financial Advisors LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at $428,000. Raymond James Financial Services Advisors Inc. boosted its holdings in iShares U.S. Medical Devices ETF by 24.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 367,812 shares of the company’s stock worth $19,851,000 after buying an additional 71,596 shares during the last quarter. Cerity Partners LLC grew its position in shares of iShares U.S. Medical Devices ETF by 12.4% during the 4th quarter. Cerity Partners LLC now owns 50,284 shares of the company’s stock worth $2,714,000 after buying an additional 5,559 shares during the period. Keystone Wealth Services LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at about $213,000. Finally, Armor Investment Advisors LLC raised its position in shares of iShares U.S. Medical Devices ETF by 3.0% in the 4th quarter. Armor Investment Advisors LLC now owns 38,200 shares of the company’s stock valued at $2,062,000 after acquiring an additional 1,116 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA IHI opened at $55.49 on Friday. iShares U.S. Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $59.14. The stock has a market cap of $5.29 billion, a P/E ratio of 34.68 and a beta of 0.82. The firm has a 50 day moving average price of $56.82 and a 200 day moving average price of $53.69.

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.