Integrated Advisors Network LLC Sells 17,904 Shares of iShares U.S. Medical Devices ETF $IHI

Integrated Advisors Network LLC decreased its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 34.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,596 shares of the company’s stock after selling 17,904 shares during the quarter. Integrated Advisors Network LLC owned about 0.05% of iShares U.S. Medical Devices ETF worth $1,792,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. High Point Wealth Management LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $1,950,000. Valicenti Advisory Services Inc. bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth about $5,875,000. JPMorgan Chase & Co. increased its position in iShares U.S. Medical Devices ETF by 83.4% during the third quarter. JPMorgan Chase & Co. now owns 490,874 shares of the company’s stock worth $29,492,000 after buying an additional 223,216 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares U.S. Medical Devices ETF by 143.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 128,879 shares of the company’s stock worth $8,010,000 after buying an additional 75,851 shares during the last quarter. Finally, RiverFront Investment Group LLC raised its stake in iShares U.S. Medical Devices ETF by 3.9% in the fourth quarter. RiverFront Investment Group LLC now owns 418,622 shares of the company’s stock valued at $26,017,000 after buying an additional 15,790 shares during the period.

iShares U.S. Medical Devices ETF Stock Up 0.3%

IHI opened at $52.25 on Wednesday. iShares U.S. Medical Devices ETF has a 12-month low of $47.37 and a 12-month high of $64.71. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 30.76 and a beta of 0.82. The business has a 50 day moving average of $49.90 and a 200-day moving average of $55.27.

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.