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

Bernardo Wealth Planning LLC reduced its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,221 shares of the company’s stock after selling 573 shares during the quarter. Bernardo Wealth Planning LLC’s holdings in iShares U.S. Medical Devices ETF were worth $498,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. RFG Advisory LLC boosted its holdings in iShares U.S. Medical Devices ETF by 30.2% during the 4th quarter. RFG Advisory LLC now owns 13,998 shares of the company’s stock valued at $755,000 after acquiring an additional 3,248 shares during the period. Sabal Trust CO acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth about $338,000. Stratos Wealth Advisors LLC raised its position in shares of iShares U.S. Medical Devices ETF by 23.5% during the 4th quarter. Stratos Wealth Advisors LLC now owns 17,917 shares of the company’s stock worth $967,000 after acquiring an additional 3,406 shares in the last quarter. Allworth Financial LP increased its position in iShares U.S. Medical Devices ETF by 3,172.7% during the fourth quarter. Allworth Financial LP now owns 53,770 shares of the company’s stock worth $2,902,000 after buying an additional 52,127 shares during the period. Finally, International Assets Investment Management LLC increased its position in iShares U.S. Medical Devices ETF by 5,065.2% during the fourth quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock worth $51,179,000 after buying an additional 929,926 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 0.4 %

IHI traded down $0.21 during trading on Monday, hitting $57.09. 1,527,538 shares of the stock were exchanged, compared to its average volume of 1,215,125. The stock has a fifty day moving average price of $57.27 and a two-hundred day moving average price of $52.72. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $59.14. The firm has a market capitalization of $6.21 billion, a P/E ratio of 33.98 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.