Triangle Securities Wealth Management Has $871,000 Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Triangle Securities Wealth Management lessened its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,922 shares of the company’s stock after selling 525 shares during the quarter. Triangle Securities Wealth Management’s holdings in iShares U.S. Medical Devices ETF were worth $871,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. grew its holdings in iShares U.S. Medical Devices ETF by 20.7% during the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after purchasing an additional 277 shares during the period. Raymond James & Associates raised its stake in iShares U.S. Medical Devices ETF by 0.5% in the third quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock valued at $22,428,000 after buying an additional 1,756 shares during the period. International Assets Investment Management LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 5,167.0% in the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after buying an additional 744,407 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 10.0% during the 3rd quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock worth $3,924,000 after acquiring an additional 6,022 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Medical Devices ETF by 127.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after acquiring an additional 674,168 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

Shares of iShares U.S. Medical Devices ETF stock opened at $61.84 on Friday. The business has a fifty day simple moving average of $59.88 and a two-hundred day simple moving average of $58.47. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $62.06. The company has a market capitalization of $5.84 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.