Nations Financial Group Inc. IA ADV Sells 650 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Nations Financial Group Inc. IA ADV reduced its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,125 shares of the company’s stock after selling 650 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares U.S. Medical Devices ETF were worth $999,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in IHI. Stratos Wealth Advisors LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 4.7% in the third quarter. Stratos Wealth Advisors LLC now owns 19,727 shares of the company’s stock valued at $1,168,000 after buying an additional 885 shares during the period. Blue Trust Inc. boosted its stake in shares of iShares U.S. Medical Devices ETF by 186.3% in the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after buying an additional 691 shares during the period. Raymond James & Associates boosted its stake in shares of iShares U.S. Medical Devices ETF by 0.5% in the third quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock valued at $22,428,000 after buying an additional 1,756 shares during the period. Private Advisor Group LLC lifted its stake in iShares U.S. Medical Devices ETF by 10.0% during the third quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock worth $3,924,000 after purchasing an additional 6,022 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock worth $44,937,000 after purchasing an additional 744,407 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA IHI opened at $64.35 on Monday. The business has a fifty day moving average price of $61.30 and a two-hundred day moving average price of $59.65. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $65.18. The stock has a market capitalization of $6.08 billion, a PE ratio of 35.18 and a beta of 0.83.

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.