Nations Financial Group Inc. IA ADV Sells 439 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Nations Financial Group Inc. IA ADV cut its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,775 shares of the company’s stock after selling 439 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares U.S. Medical Devices ETF were worth $1,053,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Concord Wealth Partners boosted its position in iShares U.S. Medical Devices ETF by 8.7% during the third quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock valued at $128,000 after purchasing an additional 173 shares during the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 2.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock valued at $492,000 after buying an additional 189 shares in the last quarter. Continuum Advisory LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 0.3% in the second quarter. Continuum Advisory LLC now owns 55,700 shares of the company’s stock valued at $3,121,000 after buying an additional 193 shares in the last quarter. Sterling Investment Counsel LLC increased its holdings in iShares U.S. Medical Devices ETF by 2.2% during the second quarter. Sterling Investment Counsel LLC now owns 10,290 shares of the company’s stock worth $577,000 after buying an additional 223 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in iShares U.S. Medical Devices ETF by 91.1% during the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $29,000 after acquiring an additional 246 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI stock opened at $60.44 on Wednesday. iShares U.S. Medical Devices ETF has a 52-week low of $46.13 and a 52-week high of $60.88. The stock has a market cap of $5.71 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. The firm’s 50-day moving average is $59.02 and its 200-day moving average is $57.15.

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.