iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by WESPAC Advisors LLC

WESPAC Advisors LLC reduced its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 49.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 14,993 shares of the company’s stock after selling 14,436 shares during the quarter. WESPAC Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $888,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Concord Wealth Partners grew its holdings in shares of iShares U.S. Medical Devices ETF by 8.7% during the third quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock worth $128,000 after buying an additional 173 shares in the last quarter. GPS Wealth Strategies Group LLC raised its holdings in iShares U.S. Medical Devices ETF by 2.2% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock valued at $492,000 after acquiring an additional 189 shares during the last quarter. Continuum Advisory LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 0.3% during the second quarter. Continuum Advisory LLC now owns 55,700 shares of the company’s stock worth $3,121,000 after purchasing an additional 193 shares during the last quarter. Sterling Investment Counsel LLC grew its position in shares of iShares U.S. Medical Devices ETF by 2.2% in the second quarter. Sterling Investment Counsel LLC now owns 10,290 shares of the company’s stock valued at $577,000 after purchasing an additional 223 shares during the period. Finally, GAMMA Investing LLC increased its stake in iShares U.S. Medical Devices ETF by 91.1% in the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after purchasing an additional 246 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.1 %

Shares of NYSEARCA:IHI opened at $60.35 on Friday. The firm has a market cap of $5.70 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. The stock’s 50-day moving average price is $59.20 and its two-hundred day moving average price is $57.39. iShares U.S. Medical Devices ETF has a 12-month low of $49.47 and a 12-month high of $60.88.

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.