Avitas Wealth Management LLC Decreases Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Avitas Wealth Management LLC lessened its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,623 shares of the company’s stock after selling 309 shares during the quarter. Avitas Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $328,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IHI. Riggs Asset Managment Co. Inc. increased its position in shares of iShares U.S. Medical Devices ETF by 3.3% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 73,916 shares of the company’s stock worth $4,321,000 after purchasing an additional 2,363 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 4th quarter worth $70,000. Synergy Asset Management LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth $49,000. Valicenti Advisory Services Inc. acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $3,517,000. Finally, SteelPeak Wealth LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 17.6% in the fourth quarter. SteelPeak Wealth LLC now owns 5,460 shares of the company’s stock worth $319,000 after buying an additional 818 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Up 1.4 %

IHI opened at $65.09 on Thursday. The firm has a market capitalization of $6.15 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The firm’s 50-day moving average price is $60.82 and its 200 day moving average price is $59.20.

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.