Stonebridge Financial Planning Group LLC Decreases Holdings in iShares U.S. Medical Devices ETF $IHI

Stonebridge Financial Planning Group LLC decreased its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 10.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,027 shares of the company’s stock after selling 3,662 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $2,006,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of IHI. Menora Mivtachim Holdings LTD. purchased a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter worth about $305,287,000. Jones Financial Companies Lllp boosted its position in shares of iShares U.S. Medical Devices ETF by 295.5% in the first quarter. Jones Financial Companies Lllp now owns 416,572 shares of the company’s stock worth $24,774,000 after buying an additional 311,232 shares during the period. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter worth about $9,510,000. Goldman Sachs Group Inc. boosted its holdings in iShares U.S. Medical Devices ETF by 46.7% in the first quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock valued at $25,710,000 after purchasing an additional 135,927 shares during the last quarter. Finally, Wealth Advisory Solutions LLC purchased a new position in iShares U.S. Medical Devices ETF in the first quarter valued at about $7,207,000.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI opened at $61.03 on Wednesday. The company has a market capitalization of $4.17 billion, a P/E ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a one year low of $52.90 and a one year high of $65.18. The stock has a 50-day moving average price of $60.75 and a 200 day moving average price of $60.96.

iShares U.S. Medical Devices ETF 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.