iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Stake Lessened by IHT Wealth Management LLC

IHT Wealth Management LLC decreased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 13.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,748 shares of the company’s stock after selling 4,250 shares during the period. IHT Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,619,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. grew its holdings 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 purchasing an additional 160 shares during the last quarter. Tyche Wealth Partners LLC grew its stake in iShares U.S. Medical Devices ETF by 5.0% in the 4th quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock valued at $245,000 after buying an additional 198 shares during the last quarter. Snider Financial Group lifted its position in iShares U.S. Medical Devices ETF by 0.3% during the 4th quarter. Snider Financial Group now owns 71,092 shares of the company’s stock worth $4,148,000 after acquiring an additional 212 shares during the last quarter. LaFleur & Godfrey LLC lifted its position in iShares U.S. Medical Devices ETF by 6.4% during the 4th quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock worth $222,000 after acquiring an additional 228 shares during the last quarter. Finally, Montag A & Associates Inc. boosted its holdings in iShares U.S. Medical Devices ETF by 13.7% during the fourth quarter. Montag A & Associates Inc. now owns 2,070 shares of the company’s stock valued at $121,000 after acquiring an additional 250 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

iShares U.S. Medical Devices ETF stock opened at $56.93 on Wednesday. iShares U.S. Medical Devices ETF has a 52 week low of $52.90 and a 52 week high of $65.18. The firm has a market capitalization of $4.34 billion, a PE ratio of 28.84 and a beta of 0.95. The business’s 50-day simple moving average is $60.03 and its 200-day simple moving average is $60.32.

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.