iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Apollon Financial LLC

Apollon Financial LLC cut its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 7.1% during the third quarter, HoldingsChannel reports. The firm owned 59,731 shares of the company’s stock after selling 4,595 shares during the period. iShares U.S. Medical Devices ETF comprises about 1.0% of Apollon Financial LLC’s investment portfolio, making the stock its 24th biggest holding. Apollon Financial LLC’s holdings in iShares U.S. Medical Devices ETF were worth $3,537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IHI. Raymond James & Associates grew its position in iShares U.S. Medical Devices ETF by 0.5% in the 3rd quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock valued at $22,428,000 after buying an additional 1,756 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 11.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,825 shares of the company’s stock valued at $439,000 after acquiring an additional 786 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock worth $44,937,000 after acquiring an additional 744,407 shares during the period. Private Advisor Group LLC raised its holdings in iShares U.S. Medical Devices ETF by 10.0% during the third quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock worth $3,924,000 after purchasing an additional 6,022 shares in the last quarter. Finally, AMG National Trust Bank lifted its position in iShares U.S. Medical Devices ETF by 100.0% in the second quarter. AMG National Trust Bank now owns 7,776 shares of the company’s stock valued at $436,000 after purchasing an additional 3,888 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 0.5 %

Shares of IHI opened at $60.42 on Tuesday. The stock’s 50 day moving average is $58.98 and its two-hundred day moving average is $57.12. iShares U.S. Medical Devices ETF has a twelve month low of $46.13 and a twelve month high of $60.88. The firm has a market capitalization of $5.71 billion, a PE ratio of 35.18 and a beta of 0.83.

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.