iShares U.S. Medical Devices ETF $IHI Position Lessened by Allworth Financial LP

Allworth Financial LP lowered its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 26.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,154 shares of the company’s stock after selling 11,173 shares during the quarter. Allworth Financial LP’s holdings in iShares U.S. Medical Devices ETF were worth $1,951,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Stephens Inc. AR grew its position in shares of iShares U.S. Medical Devices ETF by 2.2% during the first quarter. Stephens Inc. AR now owns 8,398 shares of the company’s stock worth $506,000 after acquiring an additional 182 shares during the last quarter. Wealthfront Advisers LLC lifted its position in iShares U.S. Medical Devices ETF by 20.3% in the 1st quarter. Wealthfront Advisers LLC now owns 11,866 shares of the company’s stock valued at $714,000 after purchasing an additional 2,002 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new position in iShares U.S. Medical Devices ETF during the 1st quarter valued at about $9,510,000. FLC Capital Advisors bought a new position in iShares U.S. Medical Devices ETF in the 1st quarter worth about $201,000. Finally, Nwam LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 14.3% in the first quarter. Nwam LLC now owns 33,504 shares of the company’s stock valued at $2,017,000 after purchasing an additional 4,201 shares during the period.

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

IHI opened at $62.96 on Friday. The business’s 50 day moving average is $60.75 and its 200-day moving average is $61.11. The stock has a market cap of $4.30 billion, a PE ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a twelve month low of $52.90 and a twelve month high of $65.18.

iShares U.S. Medical Devices ETF 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.