Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $473,000 Stock Holdings in iShares U.S. Medical Devices ETF $IHI

Bay Colony Advisory Group Inc d b a Bay Colony Advisors cut its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 14.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,547 shares of the company’s stock after selling 1,264 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares U.S. Medical Devices ETF were worth $473,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. IFG Advisory LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 9.4% in the second quarter. IFG Advisory LLC now owns 17,957 shares of the company’s stock valued at $1,125,000 after buying an additional 1,546 shares in the last quarter. Pinnacle Associates Ltd. increased its stake in shares of iShares U.S. Medical Devices ETF by 0.9% in the second quarter. Pinnacle Associates Ltd. now owns 29,761 shares of the company’s stock valued at $1,864,000 after buying an additional 270 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares U.S. Medical Devices ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 757,244 shares of the company’s stock valued at $47,434,000 after buying an additional 4,574 shares in the last quarter. Patten Group Inc. acquired a new stake in shares of iShares U.S. Medical Devices ETF in the second quarter valued at $207,000. Finally, Brookstone Capital Management increased its stake in shares of iShares U.S. Medical Devices ETF by 9.6% in the second quarter. Brookstone Capital Management now owns 19,603 shares of the company’s stock valued at $1,228,000 after buying an additional 1,718 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA:IHI opened at $60.19 on Friday. iShares U.S. Medical Devices ETF has a twelve month low of $52.90 and a twelve month high of $65.18. The firm has a market cap of $4.11 billion, a PE ratio of 30.76 and a beta of 0.89. The business has a fifty day moving average of $60.80 and a 200-day moving average of $60.84.

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.