J.W. Cole Advisors Inc. Sells 41,901 Shares of iShares U.S. Medical Devices ETF $IHI

J.W. Cole Advisors Inc. trimmed its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 56.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 31,784 shares of the company’s stock after selling 41,901 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,859,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IHI. Smartleaf Asset Management LLC grew its position in iShares U.S. Medical Devices ETF by 740.0% in the third quarter. Smartleaf Asset Management LLC now owns 420 shares of the company’s stock worth $25,000 after acquiring an additional 370 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in iShares U.S. Medical Devices ETF by 107.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 386 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares in the last quarter. FWL Investment Management LLC bought a new stake in iShares U.S. Medical Devices ETF in the third quarter worth approximately $27,000. Flagship Harbor Advisors LLC bought a new stake in iShares U.S. Medical Devices ETF in the fourth quarter worth approximately $29,000. Finally, Group One Trading LLC bought a new stake in iShares U.S. Medical Devices ETF in the second quarter worth approximately $29,000.

iShares U.S. Medical Devices ETF Stock Down 0.4%

IHI stock opened at $49.86 on Tuesday. The company has a market capitalization of $3.09 billion, a price-to-earnings ratio of 30.76 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12 month low of $47.37 and a 12 month high of $64.71. The firm has a 50 day moving average of $51.29 and a two-hundred day moving average of $57.16.

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.