Hazlett Burt & Watson Inc. Lowers Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Hazlett Burt & Watson Inc. trimmed its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,746 shares of the company’s stock after selling 321 shares during the quarter. iShares U.S. Medical Devices ETF makes up approximately 0.8% of Hazlett Burt & Watson Inc.’s investment portfolio, making the stock its 25th biggest holding. Hazlett Burt & Watson Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,796,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of IHI. Biondo Investment Advisors LLC grew its stake in iShares U.S. Medical Devices ETF by 13.7% in the fourth quarter. Biondo Investment Advisors LLC now owns 6,312 shares of the company’s stock valued at $368,000 after purchasing an additional 760 shares during the last quarter. RiverFront Investment Group LLC grew its position in shares of iShares U.S. Medical Devices ETF by 7.6% in the 4th quarter. RiverFront Investment Group LLC now owns 342,017 shares of the company’s stock worth $19,957,000 after buying an additional 24,068 shares during the last quarter. Orion Portfolio Solutions LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 2.6% during the 4th quarter. Orion Portfolio Solutions LLC now owns 19,484 shares of the company’s stock worth $1,137,000 after acquiring an additional 496 shares in the last quarter. LM Advisors LLC lifted its position in iShares U.S. Medical Devices ETF by 4.4% during the fourth quarter. LM Advisors LLC now owns 74,285 shares of the company’s stock valued at $4,334,000 after acquiring an additional 3,140 shares during the last quarter. Finally, Sava Infond d.o.o. acquired a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $948,000.

iShares U.S. Medical Devices ETF Trading Down 1.3 %

NYSEARCA IHI opened at $59.42 on Monday. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $65.18. The firm’s fifty day simple moving average is $62.65 and its two-hundred day simple moving average is $60.60. The firm has a market capitalization of $4.67 billion, a P/E ratio of 29.98 and a beta of 0.90.

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.