Menora Mivtachim Holdings LTD. Trims Stock Position in iShares U.S. Medical Devices ETF $IHI

Menora Mivtachim Holdings LTD. decreased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 18.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,946,450 shares of the company’s stock after selling 918,100 shares during the quarter. iShares U.S. Medical Devices ETF makes up about 1.2% of Menora Mivtachim Holdings LTD.’s holdings, making the stock its 26th largest position. Menora Mivtachim Holdings LTD. owned 0.06% of iShares U.S. Medical Devices ETF worth $237,103,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 740.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 420 shares of the company’s stock valued at $25,000 after purchasing an additional 370 shares during the period. Country Trust Bank acquired a new position in iShares U.S. Medical Devices ETF during the second quarter worth approximately $28,000. Group One Trading LLC acquired a new position in iShares U.S. Medical Devices ETF during the second quarter worth approximately $29,000. Glass Jacobson Investment Advisors llc lifted its stake in iShares U.S. Medical Devices ETF by 108.7% in the third quarter. Glass Jacobson Investment Advisors llc now owns 622 shares of the company’s stock valued at $37,000 after buying an additional 324 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in iShares U.S. Medical Devices ETF in the third quarter valued at approximately $39,000.

iShares U.S. Medical Devices ETF Trading Down 2.3%

IHI stock opened at $54.97 on Friday. The company has a market capitalization of $3.40 billion, a P/E ratio of 30.76 and a beta of 0.89. The business has a 50 day simple moving average of $59.90 and a 200-day simple moving average of $61.01. iShares U.S. Medical Devices ETF has a twelve month low of $52.90 and a twelve month high of $64.71.

iShares U.S. Medical Devices ETF 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.