iShares U.S. Medical Devices ETF $IHI Shares Sold by EP Wealth Advisors LLC

EP Wealth Advisors LLC cut its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.9% in the first quarter, Holdings Channel reports. The firm owned 129,962 shares of the company’s stock after selling 9,600 shares during the period. EP Wealth Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $7,822,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Founders Financial Alliance LLC boosted its stake in iShares U.S. Medical Devices ETF by 14.3% in the 1st quarter. Founders Financial Alliance LLC now owns 1,304 shares of the company’s stock worth $78,000 after purchasing an additional 163 shares in the last quarter. Stephens Inc. AR boosted its stake in iShares U.S. Medical Devices ETF by 2.2% in the 1st quarter. Stephens Inc. AR now owns 8,398 shares of the company’s stock worth $506,000 after purchasing an additional 182 shares in the last quarter. Summit Financial LLC boosted its stake in iShares U.S. Medical Devices ETF by 2.1% in the 1st quarter. Summit Financial LLC now owns 9,045 shares of the company’s stock worth $544,000 after purchasing an additional 185 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in iShares U.S. Medical Devices ETF by 2.7% in the 1st quarter. Sunbelt Securities Inc. now owns 7,860 shares of the company’s stock worth $473,000 after purchasing an additional 210 shares in the last quarter. Finally, Sound Income Strategies LLC boosted 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 worth $51,000 after purchasing an additional 218 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 0.8%

IHI stock opened at $61.68 on Wednesday. The firm has a 50 day moving average of $61.43 and a 200 day moving average of $60.78. The stock has a market capitalization of $4.37 billion, a PE ratio of 30.76 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 52 week low of $52.90 and a 52 week high of $65.18.

About iShares U.S. Medical Devices ETF

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.