iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. cut its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 8.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,769 shares of the company’s stock after selling 2,802 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,679,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. lifted its stake in shares of iShares U.S. Medical Devices ETF by 0.6% in the 4th quarter. Valley Wealth Managers Inc. now owns 24,875 shares of the company’s stock valued at $1,451,000 after purchasing an additional 160 shares during the last quarter. Tyche Wealth Partners LLC lifted its position in iShares U.S. Medical Devices ETF by 5.0% in the fourth quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock valued at $245,000 after buying an additional 198 shares during the last quarter. Snider Financial Group increased its position in shares of iShares U.S. Medical Devices ETF by 0.3% during the fourth quarter. Snider Financial Group now owns 71,092 shares of the company’s stock valued at $4,148,000 after acquiring an additional 212 shares during the last quarter. LaFleur & Godfrey LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 6.4% in the 4th quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after acquiring an additional 228 shares during the period. Finally, Montag A & Associates Inc. raised its position in iShares U.S. Medical Devices ETF by 13.7% in the fourth quarter. Montag A & Associates Inc. now owns 2,070 shares of the company’s stock valued at $121,000 after purchasing an additional 250 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI opened at $59.81 on Tuesday. The stock has a market capitalization of $4.70 billion, a PE ratio of 31.88 and a beta of 0.90. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $65.18. The company’s 50-day simple moving average is $62.74 and its 200-day simple moving average is $60.52.

iShares U.S. Medical Devices ETF Company 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.