Nwam LLC lowered its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 66.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,152 shares of the company’s stock after selling 22,352 shares during the quarter. Nwam LLC’s holdings in iShares U.S. Medical Devices ETF were worth $685,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in IHI. Legend Financial Advisors Inc. purchased a new stake in shares of iShares U.S. Medical Devices ETF during the second quarter worth approximately $36,000. RMG Wealth Management LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 2nd quarter worth $58,000. Brentview Investment Management LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the first quarter worth $60,000. Founders Financial Alliance LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 14.3% during the first quarter. Founders Financial Alliance LLC now owns 1,304 shares of the company’s stock worth $78,000 after buying an additional 163 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of iShares U.S. Medical Devices ETF in the second quarter valued at about $89,000.
iShares U.S. Medical Devices ETF Trading Up 1.0%
NYSEARCA:IHI opened at $63.18 on Thursday. The company has a market cap of $4.32 billion, a P/E ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a twelve month low of $52.90 and a twelve month high of $65.18. The company’s 50-day moving average price is $60.72 and its 200-day moving average price is $61.10.
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.
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