iShares U.S. Medical Devices ETF $IHI Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. decreased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 36,225 shares of the company’s stock after selling 1,909 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Medical Devices ETF were worth $2,269,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wayfinding Financial LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the 1st quarter worth $25,000. Legend Financial Advisors Inc. acquired a new position in iShares U.S. Medical Devices ETF in the second quarter valued at $36,000. Columbia River Financial Group LLC purchased a new position in iShares U.S. Medical Devices ETF during the first quarter worth about $34,000. Westside Investment Management Inc. boosted its stake in iShares U.S. Medical Devices ETF by 97.0% in the 1st quarter. Westside Investment Management Inc. now owns 650 shares of the company’s stock worth $39,000 after buying an additional 320 shares during the last quarter. Finally, RMG Wealth Management LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 2nd quarter valued at about $58,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of IHI stock opened at $59.82 on Monday. iShares U.S. Medical Devices ETF has a 1-year low of $52.90 and a 1-year high of $65.18. The firm’s 50-day simple moving average is $60.90 and its 200-day simple moving average is $60.51. The firm has a market cap of $4.15 billion, a P/E ratio of 30.76 and a beta of 0.85.

iShares U.S. Medical Devices ETF Profile

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.