iShares U.S. Medical Devices ETF (NYSEARCA:IHI) is Stonebridge Financial Planning Group LLC’s 10th Largest Position

Stonebridge Financial Planning Group LLC lowered its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 29.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,208 shares of the company’s stock after selling 24,895 shares during the quarter. iShares U.S. Medical Devices ETF comprises about 1.8% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 10th largest position. Stonebridge Financial Planning Group LLC owned 0.05% of iShares U.S. Medical Devices ETF worth $3,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Millington Financial Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $428,000. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of iShares U.S. Medical Devices ETF by 24.2% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 367,812 shares of the company’s stock valued at $19,851,000 after acquiring an additional 71,596 shares in the last quarter. Cerity Partners LLC boosted its position in iShares U.S. Medical Devices ETF by 12.4% during the 4th quarter. Cerity Partners LLC now owns 50,284 shares of the company’s stock worth $2,714,000 after purchasing an additional 5,559 shares during the period. Keystone Wealth Services LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at $213,000. Finally, Armor Investment Advisors LLC raised its position in iShares U.S. Medical Devices ETF by 3.0% in the fourth quarter. Armor Investment Advisors LLC now owns 38,200 shares of the company’s stock valued at $2,062,000 after purchasing an additional 1,116 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 1.5 %

Shares of NYSEARCA IHI traded down $0.82 on Tuesday, hitting $55.01. The company had a trading volume of 683,243 shares, compared to its average volume of 1,182,212. The firm has a market capitalization of $5.24 billion, a P/E ratio of 34.68 and a beta of 0.82. iShares U.S. Medical Devices ETF has a 12-month low of $43.96 and a 12-month high of $59.14. The business has a 50 day moving average of $57.01 and a two-hundred day moving average of $53.54.

About iShares U.S. Medical Devices ETF

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.