Capital Asset Advisory Services LLC Decreases Stock Position in iShares U.S. Medical Devices ETF $IHI

Capital Asset Advisory Services LLC reduced its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 33.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,389 shares of the company’s stock after selling 25,349 shares during the period. Capital Asset Advisory Services LLC owned approximately 0.07% of iShares U.S. Medical Devices ETF worth $3,149,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Banque Cantonale Vaudoise bought a new position in shares of iShares U.S. Medical Devices ETF in the first quarter worth $1,937,000. Brentview Investment Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the first quarter worth $60,000. ORG Partners LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the first quarter worth $59,000. Institute for Wealth Management LLC. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 1.8% in the first quarter. Institute for Wealth Management LLC. now owns 29,813 shares of the company’s stock worth $1,794,000 after acquiring an additional 532 shares during the period. Finally, V2 Financial group LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 3.9% in the first quarter. V2 Financial group LLC now owns 16,000 shares of the company’s stock worth $963,000 after acquiring an additional 600 shares during the period.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $61.27 on Friday. iShares U.S. Medical Devices ETF has a one year low of $52.90 and a one year high of $65.18. The business has a fifty day moving average price of $61.37 and a 200-day moving average price of $60.64. The firm has a market capitalization of $4.34 billion, a P/E ratio of 30.76 and a beta of 0.85.

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.