Clear Creek Financial Management LLC Trims Holdings in iShares U.S. Medical Devices ETF $IHI

Clear Creek Financial Management LLC cut its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 8.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,327 shares of the company’s stock after selling 1,250 shares during the quarter. Clear Creek Financial Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $835,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Founders Financial Alliance LLC grew its position in shares of iShares U.S. Medical Devices ETF by 14.3% in the first quarter. Founders Financial Alliance LLC now owns 1,304 shares of the company’s stock valued at $78,000 after purchasing an additional 163 shares in the last quarter. Stephens Inc. AR grew its position in shares of iShares U.S. Medical Devices ETF by 2.2% in the first quarter. Stephens Inc. AR now owns 8,398 shares of the company’s stock valued at $506,000 after purchasing an additional 182 shares in the last quarter. Summit Financial LLC grew its position in iShares U.S. Medical Devices ETF by 2.1% during the first quarter. Summit Financial LLC now owns 9,045 shares of the company’s stock worth $544,000 after buying an additional 185 shares in the last quarter. Sunbelt Securities Inc. grew its position in iShares U.S. Medical Devices ETF by 2.7% during the first quarter. Sunbelt Securities Inc. now owns 7,860 shares of the company’s stock worth $473,000 after buying an additional 210 shares in the last quarter. Finally, Signet Financial Management LLC grew its position in iShares U.S. Medical Devices ETF by 3.2% during the second quarter. Signet Financial Management LLC now owns 6,734 shares of the company’s stock worth $422,000 after buying an additional 211 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 2.0%

iShares U.S. Medical Devices ETF stock opened at $58.83 on Friday. iShares U.S. Medical Devices ETF has a 52 week low of $52.90 and a 52 week high of $65.18. The business has a 50-day simple moving average of $61.04 and a 200 day simple moving average of $60.52. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 30.76 and a beta of 0.85.

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.