Perigon Wealth Management LLC Cuts Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Perigon Wealth Management LLC trimmed its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 16.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,189 shares of the company’s stock after selling 1,378 shares during the period. Perigon Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $388,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Cedar Brook Financial Partners LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 0.6% in the fourth quarter. Cedar Brook Financial Partners LLC now owns 30,683 shares of the company’s stock valued at $1,700,000 after acquiring an additional 183 shares during the period. Avitas Wealth Management LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 3.5% in the first quarter. Avitas Wealth Management LLC now owns 5,993 shares of the company’s stock valued at $324,000 after acquiring an additional 200 shares during the period. Realta Investment Advisors boosted its holdings in shares of iShares U.S. Medical Devices ETF by 4.2% in the fourth quarter. Realta Investment Advisors now owns 5,728 shares of the company’s stock valued at $309,000 after acquiring an additional 233 shares during the period. Wealthfront Advisers LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 2.9% in the first quarter. Wealthfront Advisers LLC now owns 9,023 shares of the company’s stock valued at $550,000 after acquiring an additional 256 shares during the period. Finally, Gladstone Institutional Advisory LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 2.8% in the first quarter. Gladstone Institutional Advisory LLC now owns 9,432 shares of the company’s stock valued at $509,000 after acquiring an additional 259 shares during the period.

iShares U.S. Medical Devices ETF Trading Down 0.2 %

IHI stock opened at $55.57 on Wednesday. The company has a market capitalization of $6.04 billion, a P/E ratio of 33.98 and a beta of 0.85. iShares U.S. Medical Devices ETF has a twelve month low of $43.96 and a twelve month high of $59.14. The business has a 50 day simple moving average of $57.30 and a 200-day simple moving average of $53.05.

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.