Martin Capital Advisors LLP Has $288,000 Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Martin Capital Advisors LLP lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,345 shares of the company’s stock after selling 238 shares during the quarter. Martin Capital Advisors LLP’s holdings in iShares U.S. Medical Devices ETF were worth $288,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IHI. Buck Wealth Strategies LLC acquired a new stake in iShares U.S. Medical Devices ETF in the third quarter valued at $26,000. GHP Investment Advisors Inc. acquired a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $42,000. Resurgent Financial Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $42,000. Provence Wealth Management Group bought a new position in iShares U.S. Medical Devices ETF during the third quarter worth about $43,000. Finally, Sound Income Strategies LLC increased its position in iShares U.S. Medical Devices ETF by 121.6% during the third quarter. Sound Income Strategies LLC now owns 904 shares of the company’s stock worth $44,000 after buying an additional 496 shares during the last quarter.

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

NYSEARCA:IHI traded down $0.17 on Friday, hitting $54.36. The company’s stock had a trading volume of 1,346,523 shares, compared to its average volume of 1,214,723. iShares U.S. Medical Devices ETF has a one year low of $43.96 and a one year high of $59.14. The firm has a market capitalization of $5.91 billion, a P/E ratio of 33.98 and a beta of 0.85. The stock has a fifty day moving average of $57.20 and a two-hundred day moving average of $53.07.

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.