iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC lessened its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 18,841 shares of the company’s stock after selling 886 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,099,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IHI. JPMorgan Chase & Co. grew its position in shares of iShares U.S. Medical Devices ETF by 127.6% during the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after buying an additional 674,168 shares in the last quarter. International Assets Investment Management LLC boosted its stake in iShares U.S. Medical Devices ETF by 5,167.0% during the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares during the last quarter. Raymond James & Associates grew its holdings in iShares U.S. Medical Devices ETF by 0.5% during the 3rd quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock worth $22,428,000 after acquiring an additional 1,756 shares in the last quarter. Wharton Business Group LLC increased its position in shares of iShares U.S. Medical Devices ETF by 3.0% in the 3rd quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock worth $16,395,000 after purchasing an additional 8,070 shares during the last quarter. Finally, Baltimore Washington Financial Advisors Inc. lifted its position in shares of iShares U.S. Medical Devices ETF by 3.1% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 272,425 shares of the company’s stock worth $16,133,000 after purchasing an additional 8,199 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA:IHI opened at $64.04 on Friday. The stock has a 50-day simple moving average of $60.88 and a 200 day simple moving average of $59.24. iShares U.S. Medical Devices ETF has a one year low of $53.72 and a one year high of $65.18. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

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.