iShares U.S. Medical Devices ETF $IHI Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC reduced its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 69.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,985 shares of the company’s stock after selling 15,770 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $434,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. HB Wealth Management LLC increased its position in iShares U.S. Medical Devices ETF by 1.5% during the third quarter. HB Wealth Management LLC now owns 11,064 shares of the company’s stock worth $665,000 after purchasing an additional 162 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its position in iShares U.S. Medical Devices ETF by 27.5% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 793 shares of the company’s stock worth $49,000 after purchasing an additional 171 shares during the last quarter. Salem Investment Counselors Inc. increased its position in iShares U.S. Medical Devices ETF by 5.4% during the third quarter. Salem Investment Counselors Inc. now owns 3,353 shares of the company’s stock worth $201,000 after purchasing an additional 172 shares during the last quarter. Integrated Advisors Network LLC increased its position in iShares U.S. Medical Devices ETF by 0.4% during the third quarter. Integrated Advisors Network LLC now owns 48,878 shares of the company’s stock worth $2,937,000 after purchasing an additional 175 shares during the last quarter. Finally, Choreo LLC increased its position in iShares U.S. Medical Devices ETF by 1.4% during the fourth quarter. Choreo LLC now owns 12,917 shares of the company’s stock worth $809,000 after purchasing an additional 175 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 1.9%

iShares U.S. Medical Devices ETF stock opened at $53.23 on Friday. iShares U.S. Medical Devices ETF has a 12-month low of $52.13 and a 12-month high of $64.71. The stock has a market cap of $3.22 billion, a P/E ratio of 30.76 and a beta of 0.97. The company has a 50-day moving average price of $56.20 and a 200 day moving average price of $59.76.

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.