iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Stonebridge Financial Planning Group LLC

Stonebridge Financial Planning Group LLC decreased its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 29.6% during the 4th quarter, HoldingsChannel reports. The fund owned 59,208 shares of the company’s stock after selling 24,895 shares during the quarter. iShares U.S. Medical Devices ETF comprises about 1.8% of Stonebridge Financial Planning Group LLC’s portfolio, making the stock its 10th largest holding. Stonebridge Financial Planning Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $3,195,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IHI. Buck Wealth Strategies LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $26,000. Provence Wealth Management Group bought a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $43,000. Planned Solutions Inc. acquired a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $49,000. Arvest Investments Inc. bought a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at $52,000. Finally, Sheets Smith Wealth Management bought a new position in iShares U.S. Medical Devices ETF during the third quarter worth $68,000.

iShares U.S. Medical Devices ETF Stock Down 1.5 %

Shares of NYSEARCA IHI traded down $0.82 during mid-day trading on Tuesday, reaching $55.01. 683,243 shares of the company were exchanged, compared to its average volume of 1,182,212. iShares U.S. Medical Devices ETF has a twelve month low of $43.96 and a twelve month high of $59.14. The stock has a market capitalization of $5.24 billion, a P/E ratio of 34.68 and a beta of 0.82. The company’s 50-day simple moving average is $57.01 and its 200-day simple moving average is $53.54.

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.