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

Sequoia Financial Advisors LLC lowered its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,529 shares of the company’s stock after selling 1,697 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $2,190,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Valley Wealth Managers Inc. raised its stake in iShares U.S. Medical Devices ETF by 0.6% during the fourth quarter. Valley Wealth Managers Inc. now owns 24,875 shares of the company’s stock valued at $1,451,000 after buying an additional 160 shares in the last quarter. Tyche Wealth Partners LLC raised its position in shares of iShares U.S. Medical Devices ETF by 5.0% during the 4th quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock worth $245,000 after purchasing an additional 198 shares during the period. Snider Financial Group raised its position in shares of iShares U.S. Medical Devices ETF by 0.3% during the 4th quarter. Snider Financial Group now owns 71,092 shares of the company’s stock worth $4,148,000 after purchasing an additional 212 shares during the period. LaFleur & Godfrey LLC raised its position in shares of iShares U.S. Medical Devices ETF by 6.4% during the 4th quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock worth $222,000 after purchasing an additional 228 shares during the period. Finally, Montag A & Associates Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 13.7% during the 4th quarter. Montag A & Associates Inc. now owns 2,070 shares of the company’s stock worth $121,000 after purchasing an additional 250 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 1.0 %

Shares of iShares U.S. Medical Devices ETF stock opened at $59.17 on Friday. The business’s 50 day simple moving average is $62.73 and its 200-day simple moving average is $60.47. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 31.88 and a beta of 0.90. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month 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.