Wharton Business Group LLC Sells 18,950 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Wharton Business Group LLC decreased its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHIFree Report) by 6.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 257,900 shares of the company’s stock after selling 18,950 shares during the period. Wharton Business Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $15,048,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of IHI. Modus Advisors LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at $28,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at about $33,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the 3rd quarter valued at about $35,000. Aspect Partners LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the fourth quarter valued at about $35,000. Finally, Synergy Asset Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $49,000.

iShares U.S. Medical Devices ETF Trading Down 0.7 %

NYSEARCA:IHI opened at $64.36 on Monday. The company has a market capitalization of $6.08 billion, a P/E ratio of 35.18 and a beta of 0.83. The business’s 50-day moving average is $61.75 and its 200 day moving average is $59.98. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18.

iShares U.S. Medical Devices ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

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