GPS Wealth Strategies Group LLC Sells 1,262 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

GPS Wealth Strategies Group LLC lowered its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 14.4% in the 4th quarter, HoldingsChannel reports. The firm owned 7,530 shares of the company’s stock after selling 1,262 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $439,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Concord Wealth Partners grew its holdings in shares of iShares U.S. Medical Devices ETF by 8.7% during the 3rd quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock valued at $128,000 after purchasing an additional 173 shares during the last quarter. LaFleur & Godfrey LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 6.4% during the fourth quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after buying an additional 228 shares during the last quarter. Rosenberg Matthew Hamilton grew its stake in shares of iShares U.S. Medical Devices ETF by 9.1% during the fourth quarter. Rosenberg Matthew Hamilton now owns 3,090 shares of the company’s stock valued at $180,000 after buying an additional 257 shares during the last quarter. Assetmark Inc. increased its holdings in shares of iShares U.S. Medical Devices ETF by 20.7% in the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after buying an additional 277 shares during the period. Finally, TD Private Client Wealth LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 49.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after acquiring an additional 311 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

IHI opened at $63.81 on Monday. The stock’s 50 day simple moving average is $60.60 and its 200 day simple moving average is $59.05. The firm has a market cap of $6.03 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $65.05.

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.