Wealth Advisory Solutions LLC Sells 2,153 Shares of iShares U.S. Medical Devices ETF $IHI

Wealth Advisory Solutions LLC trimmed its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 117,584 shares of the company’s stock after selling 2,153 shares during the quarter. iShares U.S. Medical Devices ETF makes up 1.9% of Wealth Advisory Solutions LLC’s holdings, making the stock its 14th biggest holding. Wealth Advisory Solutions LLC’s holdings in iShares U.S. Medical Devices ETF were worth $7,365,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Founders Financial Alliance LLC raised its position in shares of iShares U.S. Medical Devices ETF by 14.3% during the 1st quarter. Founders Financial Alliance LLC now owns 1,304 shares of the company’s stock valued at $78,000 after buying an additional 163 shares in the last quarter. Stephens Inc. AR raised its position in shares of iShares U.S. Medical Devices ETF by 2.2% during the 1st quarter. Stephens Inc. AR now owns 8,398 shares of the company’s stock valued at $506,000 after buying an additional 182 shares in the last quarter. Summit Financial LLC raised its position in shares of iShares U.S. Medical Devices ETF by 2.1% during the 1st quarter. Summit Financial LLC now owns 9,045 shares of the company’s stock valued at $544,000 after buying an additional 185 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 2.7% during the 1st quarter. Sunbelt Securities Inc. now owns 7,860 shares of the company’s stock valued at $473,000 after buying an additional 210 shares in the last quarter. Finally, Sound Income Strategies LLC raised its position in shares of iShares U.S. Medical Devices ETF by 34.4% during the 1st quarter. Sound Income Strategies LLC now owns 851 shares of the company’s stock valued at $51,000 after buying an additional 218 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Up 0.3%

Shares of NYSEARCA IHI opened at $60.51 on Tuesday. The firm’s 50-day moving average price is $61.24 and its 200-day moving average price is $60.51. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of 30.76 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 12-month low of $52.90 and a 12-month high of $65.18.

iShares U.S. Medical Devices ETF Company 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.