WR Wealth Planners LLC Has $201,000 Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

WR Wealth Planners LLC lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 32.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,440 shares of the company’s stock after selling 1,657 shares during the period. WR Wealth Planners LLC’s holdings in iShares U.S. Medical Devices ETF were worth $201,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IHI. Kovack Advisors Inc. increased its position in iShares U.S. Medical Devices ETF by 11.8% in the fourth quarter. Kovack Advisors Inc. now owns 11,875 shares of the company’s stock worth $693,000 after purchasing an additional 1,251 shares during the period. Nwam LLC grew its position in shares of iShares U.S. Medical Devices ETF by 132.3% during the 4th quarter. Nwam LLC now owns 29,303 shares of the company’s stock worth $1,710,000 after buying an additional 16,688 shares during the period. Millington Financial Advisors LLC grew its holdings in iShares U.S. Medical Devices ETF by 15.6% during the 4th quarter. Millington Financial Advisors LLC now owns 76,952 shares of the company’s stock worth $4,933,000 after acquiring an additional 10,369 shares during the period. Union Bancaire Privee UBP SA acquired a new stake in iShares U.S. Medical Devices ETF during the 4th quarter worth $196,000. Finally, WESPAC Advisors LLC grew its holdings in iShares U.S. Medical Devices ETF by 6.7% during the 4th quarter. WESPAC Advisors LLC now owns 15,994 shares of the company’s stock worth $933,000 after acquiring an additional 1,001 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

IHI opened at $63.77 on Friday. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $65.18. The company has a fifty day moving average price of $62.28 and a two-hundred day moving average price of $60.24. The firm has a market capitalization of $6.03 billion, a PE 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.