Yarbrough Capital LLC Sells 100,000 Shares of iShares U.S. Medical Devices ETF $IHI

Yarbrough Capital LLC trimmed its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 95.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,660 shares of the company’s stock after selling 100,000 shares during the period. Yarbrough Capital LLC’s holdings in iShares U.S. Medical Devices ETF were worth $292,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in IHI. Wayfinding Financial LLC purchased a new position in iShares U.S. Medical Devices ETF in the first quarter valued at about $25,000. Copia Wealth Management purchased a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $33,000. Columbia River Financial Group LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the 1st quarter worth approximately $34,000. Westside Investment Management Inc. lifted its position in iShares U.S. Medical Devices ETF by 97.0% during the first quarter. Westside Investment Management Inc. now owns 650 shares of the company’s stock valued at $39,000 after acquiring an additional 320 shares during the last quarter. Finally, Sound Income Strategies LLC grew its holdings in iShares U.S. Medical Devices ETF by 34.4% in the first quarter. Sound Income Strategies LLC now owns 851 shares of the company’s stock worth $51,000 after purchasing an additional 218 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.1%

Shares of IHI stock opened at $60.46 on Wednesday. iShares U.S. Medical Devices ETF has a 12-month low of $52.90 and a 12-month high of $65.18. The business’s fifty day simple moving average is $61.23 and its 200-day simple moving average is $60.51. The company has a market cap of $4.28 billion, a PE 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.