Sumitomo Mitsui Financial Group Inc. Sells 1,770 Shares of iShares U.S. Medical Devices ETF $IHI

Sumitomo Mitsui Financial Group Inc. decreased its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,150 shares of the company’s stock after selling 1,770 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,513,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. boosted its stake in shares of iShares U.S. Medical Devices ETF by 5.0% in the 1st quarter. Avantax Advisory Services Inc. now owns 30,208 shares of the company’s stock valued at $1,818,000 after purchasing an additional 1,439 shares during the last quarter. Prosperity Consulting Group LLC grew its holdings in iShares U.S. Medical Devices ETF by 2.7% during the 1st quarter. Prosperity Consulting Group LLC now owns 12,323 shares of the company’s stock worth $742,000 after acquiring an additional 327 shares during the period. Geneos Wealth Management Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 30.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 72,402 shares of the company’s stock valued at $4,358,000 after acquiring an additional 16,896 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at $1,937,000. Finally, NorthRock Partners LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 17.2% during the first quarter. NorthRock Partners LLC now owns 13,115 shares of the company’s stock worth $789,000 after purchasing an additional 1,923 shares during the period.

iShares U.S. Medical Devices ETF Trading Down 0.2%

iShares U.S. Medical Devices ETF stock opened at $64.33 on Thursday. The firm has a market capitalization of $4.40 billion, a P/E ratio of 30.76 and a beta of 0.89. The business has a 50-day moving average of $60.97 and a 200-day moving average of $61.28. iShares U.S. Medical Devices ETF has a 1 year low of $52.90 and a 1 year high of $65.18.

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.