Clear Creek Financial Management LLC Trims Stake in iShares U.S. Medical Devices ETF $IHI

Clear Creek Financial Management LLC trimmed its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 8.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,327 shares of the company’s stock after selling 1,250 shares during the period. Clear Creek Financial Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $835,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Founders Financial Alliance LLC boosted its holdings in shares of 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 holdings in shares of 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 holdings in shares of 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 holdings in shares of 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, Signet Financial Management LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 3.2% in the 2nd quarter. Signet Financial Management LLC now owns 6,734 shares of the company’s stock worth $422,000 after purchasing an additional 211 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Down 2.0%

IHI opened at $58.83 on Friday. The stock has a 50-day moving average price of $61.04 and a 200-day moving average price of $60.52. iShares U.S. Medical Devices ETF has a 12-month low of $52.90 and a 12-month high of $65.18. The stock has a market capitalization of $4.07 billion, a P/E ratio of 30.76 and a beta of 0.85.

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.