Joseph P. Lucia & Associates LLC Sells 475 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Joseph P. Lucia & Associates LLC reduced its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,728 shares of the company’s stock after selling 475 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in iShares U.S. Medical Devices ETF were worth $976,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Northwest Financial Advisors lifted its holdings in iShares U.S. Medical Devices ETF by 68.8% in the 4th quarter. Northwest Financial Advisors now owns 4,069 shares of the company’s stock valued at $237,000 after purchasing an additional 1,658 shares in the last quarter. Foundations Investment Advisors LLC increased its stake in iShares U.S. Medical Devices ETF by 37.4% during the fourth quarter. Foundations Investment Advisors LLC now owns 5,972 shares of the company’s stock worth $348,000 after acquiring an additional 1,624 shares during the last quarter. United Asset Strategies Inc. increased its position in shares of iShares U.S. Medical Devices ETF by 13.6% during the 4th quarter. United Asset Strategies Inc. now owns 5,769 shares of the company’s stock worth $337,000 after purchasing an additional 691 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth about $196,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at approximately $409,000.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA IHI opened at $64.32 on Tuesday. The stock has a 50-day moving average of $60.28 and a two-hundred day moving average of $58.83. iShares U.S. Medical Devices ETF has a 1-year low of $53.72 and a 1-year high of $64.35. The company has a market cap of $6.08 billion, a P/E ratio of 35.18 and a beta of 0.83.

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.