Sandbox Financial Partners LLC lessened its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 25.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,221 shares of the company’s stock after selling 1,443 shares during the period. Sandbox Financial Partners LLC’s holdings in iShares U.S. Medical Devices ETF were worth $228,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Baystate Wealth Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the second quarter valued at $25,000. Union Savings Bank bought a new position in shares of iShares U.S. Medical Devices ETF in the second quarter worth approximately $25,000. Buck Wealth Strategies LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter valued at approximately $26,000. Hibernia Wealth Partners LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter valued at approximately $37,000. Finally, Resurgent Financial Advisors LLC purchased a new position in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $42,000.
iShares U.S. Medical Devices ETF Stock Up 0.1 %
Shares of iShares U.S. Medical Devices ETF stock traded up $0.08 on Friday, reaching $58.59. The company’s stock had a trading volume of 652,390 shares, compared to its average volume of 1,199,307. The company has a market capitalization of $6.37 billion, a price-to-earnings ratio of 33.98 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 52 week low of $43.96 and a 52 week high of $59.14. The firm’s fifty day simple moving average is $56.98 and its two-hundred day simple moving average is $52.35.
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.
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Want to see what other hedge funds are holding IHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report).
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