Fox Hill Wealth Management Cuts Holdings in iShares U.S. Medical Devices ETF $IHI

Fox Hill Wealth Management trimmed its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,088 shares of the company’s stock after selling 292 shares during the period. Fox Hill Wealth Management’s holdings in iShares U.S. Medical Devices ETF were worth $507,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Wayfinding Financial LLC purchased a new position in iShares U.S. Medical Devices ETF in the 1st quarter valued at approximately $25,000. Copia Wealth Management purchased a new position in iShares U.S. Medical Devices ETF in the 4th quarter valued at approximately $33,000. Columbia River Financial Group LLC purchased a new position in iShares U.S. Medical Devices ETF in the 1st quarter valued at approximately $34,000. Westside Investment Management Inc. increased its stake in iShares U.S. Medical Devices ETF by 97.0% in the 1st quarter. Westside Investment Management Inc. now owns 650 shares of the company’s stock valued at $39,000 after purchasing an additional 320 shares in the last quarter. Finally, Sound Income Strategies LLC increased its stake in iShares U.S. Medical Devices ETF by 34.4% in the 1st quarter. Sound Income Strategies LLC now owns 851 shares of the company’s stock valued at $51,000 after purchasing an additional 218 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA IHI opened at $61.27 on Friday. iShares U.S. Medical Devices ETF has a 1-year low of $52.90 and a 1-year high of $65.18. The company has a market capitalization of $4.34 billion, a P/E ratio of 30.76 and a beta of 0.85. The business has a 50 day moving average price of $61.37 and a 200 day moving average price of $60.64.

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.