AAFMAA Wealth Management & Trust LLC Sells 12,879 Shares of iShares U.S. Medical Devices ETF $IHI

AAFMAA Wealth Management & Trust LLC lessened its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 58.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,029 shares of the company’s stock after selling 12,879 shares during the period. AAFMAA Wealth Management & Trust LLC’s holdings in iShares U.S. Medical Devices ETF were worth $561,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IHI. Smartleaf Asset Management LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 740.0% in the third quarter. Smartleaf Asset Management LLC now owns 420 shares of the company’s stock valued at $25,000 after buying an additional 370 shares during the last quarter. FWL Investment Management LLC bought a new position in iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $27,000. Country Trust Bank bought a new position in iShares U.S. Medical Devices ETF in the 2nd quarter valued at about $28,000. Group One Trading LLC acquired a new stake in iShares U.S. Medical Devices ETF during the second quarter worth approximately $29,000. Finally, Glass Jacobson Investment Advisors llc boosted its holdings in shares of iShares U.S. Medical Devices ETF by 108.7% during the third quarter. Glass Jacobson Investment Advisors llc now owns 622 shares of the company’s stock worth $37,000 after acquiring an additional 324 shares during the period.

iShares U.S. Medical Devices ETF Trading Down 0.8%

iShares U.S. Medical Devices ETF stock opened at $54.44 on Friday. iShares U.S. Medical Devices ETF has a 12 month low of $52.90 and a 12 month high of $64.71. The stock’s 50 day moving average is $58.88 and its 200-day moving average is $60.72. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 30.76 and a beta of 0.89.

About iShares U.S. Medical Devices ETF

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.