Good Life Advisors LLC Sells 8,791 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Good Life Advisors LLC decreased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 60.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,653 shares of the company’s stock after selling 8,791 shares during the quarter. Good Life Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $330,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IHI. Global Retirement Partners LLC increased its position in shares of iShares U.S. Medical Devices ETF by 35.4% during the fourth quarter. Global Retirement Partners LLC now owns 5,843 shares of the company’s stock worth $341,000 after buying an additional 1,527 shares during the period. Valley Wealth Managers Inc. boosted its position in iShares U.S. Medical Devices ETF by 0.6% during the fourth quarter. Valley Wealth Managers Inc. now owns 24,875 shares of the company’s stock valued at $1,451,000 after acquiring an additional 160 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 22.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 52,786 shares of the company’s stock worth $3,080,000 after buying an additional 9,724 shares in the last quarter. Valmark Advisers Inc. acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $234,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at $5,978,000.

iShares U.S. Medical Devices ETF Price Performance

IHI stock opened at $64.84 on Friday. The company’s 50-day moving average is $61.65 and its 200-day moving average is $59.84. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $65.18. The stock has a market capitalization of $6.13 billion, a PE ratio of 35.18 and a beta of 0.83.

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.