Pacific Sun Financial Corp lessened its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 7.3% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,570 shares of the company’s stock after selling 1,787 shares during the period. Pacific Sun Financial Corp’s holdings in iShares U.S. Medical Devices ETF were worth $1,337,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the business. Pinnacle Bancorp Inc. increased its stake in iShares U.S. Medical Devices ETF by 1,275.0% in the third quarter. Pinnacle Bancorp Inc. now owns 3,960 shares of the company’s stock valued at $235,000 after acquiring an additional 3,672 shares during the last quarter. Cypress Wealth Services LLC bought a new position in iShares U.S. Medical Devices ETF in the 3rd quarter worth about $202,000. Howard Financial Services LTD. bought a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter valued at approximately $208,000. Future Financial Wealth Managment LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the third quarter valued at $182,000. Finally, Strategic Wealth Partners Ltd. raised its holdings in shares of iShares U.S. Medical Devices ETF by 3.1% during the third quarter. Strategic Wealth Partners Ltd. now owns 138,767 shares of the company’s stock valued at $8,218,000 after purchasing an additional 4,111 shares during the last quarter.
iShares U.S. Medical Devices ETF Price Performance
iShares U.S. Medical Devices ETF stock traded up $0.29 during mid-day trading on Friday, reaching $58.65. 166,495 shares of the stock traded hands, compared to its average volume of 872,745. The business’s 50-day moving average is $57.96 and its 200-day moving average is $56.69. The stock has a market capitalization of $5.54 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12-month low of $43.96 and a 12-month high of $60.11.
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.
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