Koshinski Asset Management Inc. Has $501,000 Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Koshinski Asset Management Inc. decreased its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,591 shares of the company’s stock after selling 415 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $501,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in IHI. AlTi Global Inc. acquired a new position in iShares U.S. Medical Devices ETF in the second quarter worth approximately $393,000. Daymark Wealth Partners LLC increased its holdings in iShares U.S. Medical Devices ETF by 7.0% in the second quarter. Daymark Wealth Partners LLC now owns 6,238 shares of the company’s stock worth $350,000 after buying an additional 408 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in iShares U.S. Medical Devices ETF by 10.8% in the second quarter. B. Riley Wealth Advisors Inc. now owns 126,481 shares of the company’s stock worth $7,088,000 after buying an additional 12,338 shares during the last quarter. Cetera Investment Advisers increased its holdings in iShares U.S. Medical Devices ETF by 3.9% in the second quarter. Cetera Investment Advisers now owns 243,033 shares of the company’s stock worth $13,620,000 after buying an additional 9,199 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its holdings in iShares U.S. Medical Devices ETF by 8.7% in the second quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock worth $16,298,000 after buying an additional 23,162 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA:IHI opened at $63.25 on Thursday. The stock’s 50 day moving average price is $60.02 and its 200 day moving average price is $58.63. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $63.79. The company has a market capitalization of $5.98 billion, a P/E ratio of 35.18 and a beta of 0.83.

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.