Accredited Investors Lowers stake in Independence Holding Company (IHC)

Independence Holding Company (IHC) : Accredited Investors reduced its stake in Independence Holding Company by 29.91% during the most recent quarter end. The investment management company now holds a total of 21,351 shares of Independence Holding Company which is valued at $356,135 after selling 9,112 shares in Independence Holding Company , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Independence Holding Company makes up approximately 0.09% of Accredited Investors’s portfolio.

Other Hedge Funds, Including , First Eagle Investment Management reduced its stake in IHC by selling 2,505 shares or 0.42% in the most recent quarter. The Hedge Fund company now holds 594,559 shares of IHC which is valued at $9,917,244. Independence Holding Company makes up approx 0.02% of First Eagle Investment Management’s portfolio.Royce Associates Lp reduced its stake in IHC by selling 15,000 shares or 3.62% in the most recent quarter. The Hedge Fund company now holds 399,603 shares of IHC which is valued at $6,665,378. Independence Holding Company makes up approx 0.04% of Royce Associates Lp’s portfolio.

Independence Holding Company closed down -0.25 points or -1.44% at $17.12 with 18,369 shares getting traded on Wednesday. Post opening the session at $17.32, the shares hit an intraday low of $17.12 and an intraday high of $17.37 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Independence Holding Company is a holding company principally engaged in the life and health insurance business. The Company provides specialized life and health coverage and related services to commercial customers and individuals. It focuses on niche products and/or narrowly defined distribution channels primarily in the United States. The Company’s wholly owned insurance company subsidiaries Standard Security Life Insurance Company of New York (Standard Security Life) and Madison National Life Insurance Company Inc. (Madison National Life) market their products through independent and affiliated brokers producers and agents. The Companies administrative businesses underwrite market administer and/or price life and health insurance business for its owned and affiliated carriers and for non-affiliated insurance companies.

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