Apollon Financial LLC Sells 305 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Apollon Financial LLC cut its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,426 shares of the company’s stock after selling 305 shares during the period. iShares U.S. Medical Devices ETF comprises approximately 0.9% of Apollon Financial LLC’s investment portfolio, making the stock its 26th biggest holding. Apollon Financial LLC owned approximately 0.06% of iShares U.S. Medical Devices ETF worth $3,468,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $55,000. Live Oak Private Wealth LLC increased its holdings in iShares U.S. Medical Devices ETF by 13.4% during the fourth quarter. Live Oak Private Wealth LLC now owns 29,075 shares of the company’s stock worth $1,697,000 after buying an additional 3,440 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in iShares U.S. Medical Devices ETF during the fourth quarter worth $5,978,000. Robertson Stephens Wealth Management LLC raised its position in iShares U.S. Medical Devices ETF by 6.9% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 19,846 shares of the company’s stock worth $1,158,000 after acquiring an additional 1,284 shares in the last quarter. Finally, Tyche Wealth Partners LLC lifted its stake in iShares U.S. Medical Devices ETF by 5.0% in the fourth quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock valued at $245,000 after acquiring an additional 198 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $63.81 on Friday. The company’s 50-day moving average is $60.94 and its 200-day moving average is $59.29. The firm has a market capitalization of $6.03 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week 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.