UBS Group AG Sells 27,318 Shares of iShares U.S. Medical Devices ETF $IHI

UBS Group AG decreased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,022,542 shares of the company’s stock after selling 27,318 shares during the period. UBS Group AG’s holdings in iShares U.S. Medical Devices ETF were worth $63,551,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of IHI. Integrated Wealth Concepts LLC increased its position in iShares U.S. Medical Devices ETF by 22.4% during the first quarter. Integrated Wealth Concepts LLC now owns 9,345 shares of the company’s stock valued at $562,000 after acquiring an additional 1,710 shares during the last quarter. Goldman Sachs Group Inc. increased its position in iShares U.S. Medical Devices ETF by 46.7% during the first quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock valued at $25,710,000 after acquiring an additional 135,927 shares during the last quarter. Russell Investments Group Ltd. increased its position in iShares U.S. Medical Devices ETF by 15.7% during the second quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock valued at $82,000 after acquiring an additional 177 shares during the last quarter. Qube Research & Technologies Ltd increased its position in iShares U.S. Medical Devices ETF by 16.2% during the second quarter. Qube Research & Technologies Ltd now owns 158,077 shares of the company’s stock valued at $9,902,000 after acquiring an additional 22,052 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 188.6% in the second quarter. Jane Street Group LLC now owns 55,569 shares of the company’s stock worth $3,481,000 after purchasing an additional 36,312 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 1.1%

NYSEARCA IHI opened at $49.93 on Tuesday. The company’s 50-day moving average price is $55.04 and its 200-day moving average price is $59.25. The stock has a market cap of $3.09 billion, a PE ratio of 30.76 and a beta of 0.86. iShares U.S. Medical Devices ETF has a 12 month low of $49.88 and a 12 month high of $64.71.

About iShares U.S. Medical Devices ETF

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.