iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by WP Advisors LLC

WP Advisors LLC lowered its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 19.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,528 shares of the company’s stock after selling 5,984 shares during the period. WP Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,453,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IHI. GAMMA Investing LLC grew its stake in iShares U.S. Medical Devices ETF by 91.1% during the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after purchasing an additional 246 shares in the last quarter. Global Trust Asset Management LLC grew its stake in iShares U.S. Medical Devices ETF by 400.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock valued at $42,000 after purchasing an additional 600 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 2nd quarter valued at approximately $58,000. Blue Trust Inc. grew its stake in iShares U.S. Medical Devices ETF by 186.3% during the 3rd quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after purchasing an additional 691 shares in the last quarter. Finally, Mather Group LLC. grew its stake in iShares U.S. Medical Devices ETF by 52.6% during the 2nd quarter. Mather Group LLC. now owns 1,096 shares of the company’s stock valued at $64,000 after purchasing an additional 378 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.2 %

Shares of NYSEARCA IHI opened at $59.54 on Monday. iShares U.S. Medical Devices ETF has a fifty-two week low of $48.19 and a fifty-two week high of $60.88. The business has a 50 day moving average price of $59.10 and a two-hundred day moving average price of $57.24. The firm has a market cap of $5.63 billion, a PE ratio of 35.18 and a beta of 0.83.

About iShares U.S. Medical Devices ETF

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.