iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Holdings Decreased by Lincoln National Corp

Posted by Teresa Graham on May 9th, 2024

Lincoln National Corp cut its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 58.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,929 shares of the company’s stock after selling 39,687 shares during the quarter. Lincoln National Corp’s holdings in iShares U.S. Medical Devices ETF were worth $1,507,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IHI. Buck Wealth Strategies LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $26,000. Provence Wealth Management Group acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter worth about $43,000. Planned Solutions Inc. acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth about $49,000. Arvest Investments Inc. bought a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $52,000. Finally, Register Financial Advisors LLC acquired a new position in iShares U.S. Medical Devices ETF during the 4th quarter valued at about $86,000.

iShares U.S. Medical Devices ETF Trading Down 1.4 %

NYSEARCA IHI opened at $55.15 on Thursday. The company has a 50-day moving average price of $56.71 and a two-hundred day moving average price of $53.94. 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 $5.26 billion, a price-to-earnings ratio of 34.68 and a beta of 0.82.

About iShares U.S. Medical Devices ETF

(Free Report)

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.