Prestige Wealth Management Group LLC Sells 59,174 Shares of iShares U.S. Medical Devices ETF $IHI

Prestige Wealth Management Group LLC lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 98.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 631 shares of the company’s stock after selling 59,174 shares during the period. Prestige Wealth Management Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $34,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IHI. Whittier Trust Co. of Nevada Inc. raised its holdings in iShares U.S. Medical Devices ETF by 107.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 386 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the period. FWL Investment Management LLC purchased a new position in iShares U.S. Medical Devices ETF during the third quarter worth $27,000. Group One Trading LLC purchased a new position in iShares U.S. Medical Devices ETF during the second quarter worth $29,000. Flagship Harbor Advisors LLC bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter valued at $29,000. Finally, Modus Advisors LLC bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter valued at $30,000.

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

Shares of IHI opened at $49.44 on Friday. The company’s fifty day simple moving average is $50.07 and its 200-day simple moving average is $54.26. The company has a market cap of $2.97 billion, a P/E ratio of 30.76 and a beta of 0.82. iShares U.S. Medical Devices ETF has a twelve month low of $47.37 and a twelve month high of $64.71.

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.