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

Secure Asset Management LLC reduced its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,219 shares of the company’s stock after selling 327 shares during the period. 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 and hedge funds have also recently modified their holdings of the company. Modus Advisors LLC purchased a new stake in iShares U.S. Medical Devices ETF during the 4th quarter worth about $28,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth about $35,000. Truvestments Capital LLC purchased a new stake in iShares U.S. Medical Devices ETF during the third quarter worth approximately $53,000. TD Private Client Wealth LLC boosted its holdings in iShares U.S. Medical Devices ETF by 49.8% in the third quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after purchasing an additional 311 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in iShares U.S. Medical Devices ETF by 186.3% in the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after purchasing an additional 691 shares during the last quarter.

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

Shares of NYSEARCA:IHI opened at $63.87 on Friday. The firm has a 50 day simple moving average of $60.20 and a 200-day simple 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 company has a market capitalization of $6.04 billion, a PE ratio of 35.18 and a beta of 0.83.

iShares U.S. Medical Devices ETF 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.