LM Advisors LLC Has $230,000 Holdings in iShares U.S. Medical Devices ETF $IHI

LM Advisors LLC lessened its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 94.1% in the 4th quarter, Holdings Channel reports. The firm owned 3,707 shares of the company’s stock after selling 59,267 shares during the quarter. LM Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Morgan Stanley lifted its stake in shares of iShares U.S. Medical Devices ETF by 14.4% in the 4th quarter. Morgan Stanley now owns 3,440,023 shares of the company’s stock valued at $213,798,000 after purchasing an additional 432,620 shares during the last quarter. Bank of America Corp DE lifted its position in iShares U.S. Medical Devices ETF by 19.1% during the 2nd quarter. Bank of America Corp DE now owns 1,934,996 shares of the company’s stock worth $121,208,000 after acquiring an additional 310,962 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares U.S. Medical Devices ETF by 83.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 490,874 shares of the company’s stock worth $29,492,000 after acquiring an additional 223,216 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in iShares U.S. Medical Devices ETF by 46.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock worth $25,710,000 after acquiring an additional 135,927 shares during the last quarter. Finally, RiverFront Investment Group LLC lifted its position in iShares U.S. Medical Devices ETF by 3.9% during the 4th quarter. RiverFront Investment Group LLC now owns 418,622 shares of the company’s stock worth $26,017,000 after acquiring an additional 15,790 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $49.67 on Friday. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 30.76 and a beta of 0.83. iShares U.S. Medical Devices ETF has a fifty-two week low of $47.37 and a fifty-two week high of $64.71. The firm has a fifty day moving average price of $51.04 and a two-hundred day moving average price of $56.86.

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.