GPS Wealth Strategies Group LLC Cuts Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

GPS Wealth Strategies Group LLC trimmed its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 14.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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 quarter.

A number of other hedge funds have also bought and sold shares of the business. Modus Advisors LLC purchased a new position in iShares U.S. Medical Devices ETF in the fourth quarter valued at about $28,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter worth approximately $35,000. Synergy Asset Management LLC purchased a new position in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $49,000. Truvestments Capital LLC bought a new position in iShares U.S. Medical Devices ETF during the third quarter valued at $53,000. Finally, TD Private Client Wealth LLC increased its position 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 worth $55,000 after buying an additional 311 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

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

iShares U.S. Medical Devices ETF Company 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.