KWB Wealth Has $259,000 Stake in iShares U.S. Medical Devices ETF $IHI

KWB Wealth lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 36.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,304 shares of the company’s stock after selling 2,468 shares during the period. KWB Wealth’s holdings in iShares U.S. Medical Devices ETF were worth $259,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Menora Mivtachim Holdings LTD. acquired a new position in shares of iShares U.S. Medical Devices ETF during the 1st quarter valued at about $305,287,000. Raymond James Financial Inc. boosted its position in iShares U.S. Medical Devices ETF by 13.5% during the first quarter. Raymond James Financial Inc. now owns 756,743 shares of the company’s stock worth $45,548,000 after purchasing an additional 90,139 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares U.S. Medical Devices ETF by 0.6% during the first quarter. Envestnet Asset Management Inc. now owns 752,670 shares of the company’s stock valued at $45,303,000 after purchasing an additional 4,689 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of iShares U.S. Medical Devices ETF by 980.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 711,329 shares of the company’s stock valued at $42,454,000 after purchasing an additional 645,500 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 46.7% in the first quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock valued at $25,710,000 after purchasing an additional 135,927 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 0.7%

NYSEARCA IHI opened at $59.68 on Friday. The company has a fifty day simple moving average of $61.20 and a 200 day simple moving average of $60.51. The company has a market cap of $4.23 billion, a P/E ratio of 30.76 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 1 year low of $52.90 and a 1 year high of $65.18.

iShares U.S. Medical Devices ETF Company Profile

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.