Prestige Wealth Management Group LLC Sells 59,174 Shares of iShares U.S. Medical Devices ETF $IHI

Prestige Wealth Management Group LLC lessened its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 98.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 631 shares of the company’s stock after selling 59,174 shares during the quarter. Prestige Wealth Management Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $34,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IHI. Integrated Wealth Concepts LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 22.4% during the first quarter. Integrated Wealth Concepts LLC now owns 9,345 shares of the company’s stock worth $562,000 after purchasing an additional 1,710 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 46.7% in the first quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock worth $25,710,000 after purchasing an additional 135,927 shares during the last quarter. Russell Investments Group Ltd. increased its stake in iShares U.S. Medical Devices ETF by 15.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock worth $82,000 after buying an additional 177 shares during the period. Qube Research & Technologies Ltd increased its stake in iShares U.S. Medical Devices ETF by 16.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 158,077 shares of the company’s stock worth $9,902,000 after buying an additional 22,052 shares during the period. Finally, Jane Street Group LLC lifted its holdings in iShares U.S. Medical Devices ETF by 188.6% during the 2nd quarter. Jane Street Group LLC now owns 55,569 shares of the company’s stock valued at $3,481,000 after buying an additional 36,312 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $49.44 on Friday. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 30.76 and a beta of 0.82. iShares U.S. Medical Devices ETF has a 1 year low of $47.37 and a 1 year high of $64.71. The firm has a 50-day moving average of $50.07 and a two-hundred day moving average of $54.26.

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.