Kingsview Wealth Management LLC Sells 16,209 Shares of iShares U.S. Medical Devices ETF $IHI

Kingsview Wealth Management LLC cut its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 252,479 shares of the company’s stock after selling 16,209 shares during the period. Kingsview Wealth Management LLC owned approximately 0.41% of iShares U.S. Medical Devices ETF worth $15,692,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE raised its position in shares of iShares U.S. Medical Devices ETF by 19.1% in the 2nd quarter. Bank of America Corp DE now owns 1,934,996 shares of the company’s stock worth $121,208,000 after acquiring an additional 310,962 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares U.S. Medical Devices ETF by 83.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 490,874 shares of the company’s stock valued at $29,492,000 after buying an additional 223,216 shares in the last quarter. Goldman Sachs Group Inc. increased its position in iShares U.S. Medical Devices ETF by 46.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock valued at $25,710,000 after buying an additional 135,927 shares in the last quarter. RiverFront Investment Group LLC increased its position in iShares U.S. Medical Devices ETF by 3.9% in the 4th quarter. RiverFront Investment Group LLC now owns 418,622 shares of the company’s stock valued at $26,017,000 after buying an additional 15,790 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares U.S. Medical Devices ETF by 0.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 292,731 shares of the company’s stock valued at $18,852,000 after buying an additional 1,388 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

Shares of iShares U.S. Medical Devices ETF stock opened at $49.17 on Thursday. iShares U.S. Medical Devices ETF has a one year low of $47.37 and a one year high of $64.71. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 30.76 and a beta of 0.86. The business has a 50-day simple moving average of $52.17 and a 200 day simple moving average of $57.90.

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.