Steward Partners Investment Advisory LLC Trims Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Steward Partners Investment Advisory LLC lessened its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHIFree Report) by 48.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,217 shares of the company’s stock after selling 26,667 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,523,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Provence Wealth Management Group purchased a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $43,000. Planned Solutions Inc. purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $49,000. Arvest Investments Inc. purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $52,000. Register Financial Advisors LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $86,000. Finally, Aptus Capital Advisors LLC raised its holdings in iShares U.S. Medical Devices ETF by 409.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,844 shares of the company’s stock valued at $89,000 after buying an additional 1,482 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 0.3 %

Shares of IHI opened at $55.53 on Monday. The firm has a market cap of $5.25 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12-month low of $43.96 and a 12-month high of $59.14. The company’s 50-day moving average price is $56.15 and its 200 day moving average price is $55.18.

iShares U.S. Medical Devices ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

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