Flow Traders U.S. LLC Sells 20,969 Shares of iShares U.S. Medical Devices ETF $IHI

Flow Traders U.S. LLC decreased its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 60.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,736 shares of the company’s stock after selling 20,969 shares during the period. Flow Traders U.S. LLC’s holdings in iShares U.S. Medical Devices ETF were worth $860,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Brown Advisory Inc. raised its holdings in shares of iShares U.S. Medical Devices ETF by 12.9% during the second quarter. Brown Advisory Inc. now owns 15,307 shares of the company’s stock valued at $959,000 after acquiring an additional 1,750 shares in the last quarter. M&T Bank Corp increased its position in iShares U.S. Medical Devices ETF by 5.2% during the 2nd quarter. M&T Bank Corp now owns 8,020 shares of the company’s stock valued at $502,000 after purchasing an additional 400 shares during the period. Wealthedge Investment Advisors LLC raised its holdings in iShares U.S. Medical Devices ETF by 8.4% in the 2nd quarter. Wealthedge Investment Advisors LLC now owns 28,702 shares of the company’s stock worth $1,798,000 after purchasing an additional 2,234 shares in the last quarter. Millington Financial Advisors LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 9.8% in the 2nd quarter. Millington Financial Advisors LLC now owns 94,792 shares of the company’s stock worth $5,795,000 after purchasing an additional 8,425 shares during the period. Finally, Lido Advisors LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 17.0% during the 2nd quarter. Lido Advisors LLC now owns 21,391 shares of the company’s stock valued at $1,340,000 after purchasing an additional 3,108 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

IHI stock opened at $61.74 on Wednesday. iShares U.S. Medical Devices ETF has a 1 year low of $52.90 and a 1 year high of $65.18. The firm has a 50-day moving average of $61.55 and a 200 day moving average of $61.36. The company has a market cap of $4.22 billion, a P/E ratio of 30.76 and a beta of 0.89.

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.