International Assets Investment Management LLC Has $643,000 Position in iShares U.S. Medical Devices ETF $IHI

International Assets Investment Management LLC reduced its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 11.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,259 shares of the company’s stock after selling 1,380 shares during the period. International Assets Investment Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $643,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Founders Financial Alliance LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 14.3% during the 1st quarter. Founders Financial Alliance LLC now owns 1,304 shares of the company’s stock valued at $78,000 after acquiring an additional 163 shares in the last quarter. Stephens Inc. AR boosted its position in iShares U.S. Medical Devices ETF by 2.2% in the first quarter. Stephens Inc. AR now owns 8,398 shares of the company’s stock valued at $506,000 after buying an additional 182 shares in the last quarter. Summit Financial LLC boosted its position in iShares U.S. Medical Devices ETF by 2.1% in the first quarter. Summit Financial LLC now owns 9,045 shares of the company’s stock valued at $544,000 after buying an additional 185 shares in the last quarter. Sunbelt Securities Inc. boosted its position in iShares U.S. Medical Devices ETF by 2.7% in the first quarter. Sunbelt Securities Inc. now owns 7,860 shares of the company’s stock valued at $473,000 after buying an additional 210 shares in the last quarter. Finally, Signet Financial Management LLC boosted its position in iShares U.S. Medical Devices ETF by 3.2% in the second quarter. Signet Financial Management LLC now owns 6,734 shares of the company’s stock valued at $422,000 after buying an additional 211 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 0.2%

NYSEARCA:IHI opened at $60.51 on Wednesday. The firm has a market cap of $4.20 billion, a PE ratio of 30.76 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 12 month low of $52.90 and a 12 month high of $65.18. The company’s 50-day moving average price is $60.87 and its two-hundred day moving average price is $60.55.

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.