Chicago Partners Investment Group LLC Sells 475 Shares of iShares U.S. Medical Devices ETF $IHI

Chicago Partners Investment Group LLC cut its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,118 shares of the company’s stock after selling 475 shares during the period. Chicago Partners Investment Group LLC owned about 0.07% of iShares U.S. Medical Devices ETF worth $2,941,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares U.S. Medical Devices ETF by 20.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 267,366 shares of the company’s stock valued at $16,093,000 after buying an additional 45,423 shares in the last quarter. QRG Capital Management Inc. bought a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter worth about $290,000. ORG Partners LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the first quarter worth about $59,000. Oppenheimer & Co. Inc. lifted its holdings in shares of iShares U.S. Medical Devices ETF by 11.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 14,184 shares of the company’s stock valued at $854,000 after purchasing an additional 1,447 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its holdings in shares of iShares U.S. Medical Devices ETF by 15.5% during the 1st quarter. Valmark Advisers Inc. now owns 4,627 shares of the company’s stock valued at $278,000 after purchasing an additional 622 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA IHI opened at $59.82 on Monday. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 30.76 and a beta of 0.85. The business has a 50 day simple moving average of $60.90 and a 200 day simple moving average of $60.51. iShares U.S. Medical Devices ETF has a 52-week low of $52.90 and a 52-week high of $65.18.

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.