WESPAC Advisors LLC Sells 570 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

WESPAC Advisors LLC decreased its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 1.5% during the 3rd quarter, Holdings Channel reports. The firm owned 37,244 shares of the company’s stock after selling 570 shares during the period. iShares U.S. Medical Devices ETF comprises about 1.3% of WESPAC Advisors LLC’s investment portfolio, making the stock its 19th biggest position. WESPAC Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,806,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IHI. Union Savings Bank bought a new stake in iShares U.S. Medical Devices ETF during the second quarter worth $25,000. Baystate Wealth Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 2nd quarter valued at about $25,000. First Horizon Advisors Inc. lifted its stake in iShares U.S. Medical Devices ETF by 833.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 560 shares of the company’s stock valued at $32,000 after purchasing an additional 500 shares during the last quarter. Hibernia Wealth Partners LLC bought a new position in iShares U.S. Medical Devices ETF during the third quarter worth about $37,000. Finally, GHP Investment Advisors Inc. bought a new position in iShares U.S. Medical Devices ETF during the third quarter worth about $42,000.

iShares U.S. Medical Devices ETF Stock Up 0.1 %

NYSEARCA:IHI opened at $53.25 on Friday. iShares U.S. Medical Devices ETF has a 12-month low of $43.96 and a 12-month high of $57.95. The firm has a market capitalization of $5.79 billion, a price-to-earnings ratio of 33.98 and a beta of 0.85. The stock’s 50 day moving average price is $50.36 and its two-hundred day moving average price is $51.41.

iShares U.S. Medical Devices ETF Profile

(Free Report)

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.

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