iShares U.S. Medical Devices ETF $IHI Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. trimmed its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 57.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,612 shares of the company’s stock after selling 40,632 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,633,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Integrated Wealth Concepts LLC increased its stake in iShares U.S. Medical Devices ETF by 22.4% during the first quarter. Integrated Wealth Concepts LLC now owns 9,345 shares of the company’s stock valued at $562,000 after purchasing an additional 1,710 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of iShares U.S. Medical Devices ETF by 46.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock worth $25,710,000 after buying an additional 135,927 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 15.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock valued at $82,000 after buying an additional 177 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of iShares U.S. Medical Devices ETF by 16.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 158,077 shares of the company’s stock valued at $9,902,000 after buying an additional 22,052 shares during the period. Finally, Jane Street Group LLC grew its position in shares of iShares U.S. Medical Devices ETF by 188.6% during the 2nd quarter. Jane Street Group LLC now owns 55,569 shares of the company’s stock valued at $3,481,000 after buying an additional 36,312 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 3.2%

Shares of iShares U.S. Medical Devices ETF stock opened at $50.51 on Friday. The business’s 50 day simple moving average is $49.95 and its 200-day simple moving average is $54.66. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 30.76 and a beta of 0.82. iShares U.S. Medical Devices ETF has a twelve month low of $47.37 and a twelve month high of $64.71.

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.