Segment Wealth Management LLC Sells 2,895 Shares of iShares U.S. Medical Devices ETF $IHI

Segment Wealth Management LLC decreased its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.8% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 101,540 shares of the company’s stock after selling 2,895 shares during the period. Segment Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $6,360,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Hilltop National Bank bought a new stake in iShares U.S. Medical Devices ETF in the 2nd quarter valued at approximately $223,000. Viewpoint Investment Partners Corp raised its stake in shares of iShares U.S. Medical Devices ETF by 154.6% during the 2nd quarter. Viewpoint Investment Partners Corp now owns 74,611 shares of the company’s stock worth $4,674,000 after purchasing an additional 45,309 shares in the last quarter. BFI Infinity Ltd. raised its stake in shares of iShares U.S. Medical Devices ETF by 12.8% during the 2nd quarter. BFI Infinity Ltd. now owns 99,719 shares of the company’s stock worth $6,246,000 after purchasing an additional 11,303 shares in the last quarter. HB Wealth Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 2nd quarter worth approximately $683,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 0.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 105,900 shares of the company’s stock worth $6,634,000 after purchasing an additional 712 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 1.1%

Shares of iShares U.S. Medical Devices ETF stock opened at $60.63 on Friday. iShares U.S. Medical Devices ETF has a 12-month low of $52.90 and a 12-month high of $65.18. The stock has a market cap of $4.21 billion, a P/E ratio of 30.76 and a beta of 0.85. The business’s 50 day moving average is $61.12 and its 200-day moving average is $60.52.

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.