iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Position Reduced by Level Four Advisory Services LLC

Level Four Advisory Services LLC trimmed its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 9.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,921 shares of the company’s stock after selling 399 shares during the quarter. Level Four Advisory Services LLC’s holdings in iShares U.S. Medical Devices ETF were worth $229,000 at the end of the most recent reporting period.

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

iShares U.S. Medical Devices ETF Price Performance

IHI stock opened at $59.96 on Wednesday. The firm has a market cap of $4.71 billion, a PE ratio of 29.98 and a beta of 0.90. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18. The firm has a 50 day simple moving average of $62.56 and a 200 day simple moving average of $60.60.

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.