CMH Wealth Management LLC Trims Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

CMH Wealth Management LLC cut its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,829 shares of the company’s stock after selling 925 shares during the period. CMH Wealth Management LLC owned about 0.08% of iShares U.S. Medical Devices ETF worth $3,721,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LaFleur & Godfrey LLC lifted its stake in 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 worth $222,000 after purchasing an additional 228 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at about $5,978,000. Golden State Wealth Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at about $55,000. Apollon Wealth Management LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 294.8% during the 4th quarter. Apollon Wealth Management LLC now owns 28,459 shares of the company’s stock valued at $1,661,000 after purchasing an additional 21,250 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 5.3% during the 4th quarter. Kestra Private Wealth Services LLC now owns 33,738 shares of the company’s stock valued at $1,969,000 after purchasing an additional 1,698 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.1%

IHI opened at $62.08 on Monday. The firm has a 50-day simple moving average of $59.54 and a two-hundred day simple moving average of $60.72. iShares U.S. Medical Devices ETF has a 52 week low of $52.90 and a 52 week high of $65.18. The company has a market capitalization of $4.68 billion, a PE ratio of 31.04 and a beta of 0.92.

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.