iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Secure Asset Management LLC

Secure Asset Management LLC reduced its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,219 shares of the company’s stock after selling 327 shares during the quarter. Secure Asset Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $305,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Modus Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 4th quarter worth $28,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the third quarter valued at about $35,000. Truvestments Capital LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter worth about $53,000. TD Private Client Wealth LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 49.8% during the third quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock worth $55,000 after buying an additional 311 shares during the last quarter. Finally, Blue Trust Inc. increased its position in iShares U.S. Medical Devices ETF by 186.3% in the 3rd quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after acquiring an additional 691 shares during the period.

iShares U.S. Medical Devices ETF Trading Down 0.1 %

iShares U.S. Medical Devices ETF stock opened at $63.87 on Friday. The stock has a 50 day moving average of $60.20 and a two-hundred day moving average of $58.72. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $63.95. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

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.