Creative Financial Designs Inc. ADV Sells 1,043 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Creative Financial Designs Inc. ADV lessened its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.8% in the 4th quarter, Holdings Channel reports. The firm owned 56,867 shares of the company’s stock after selling 1,043 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares U.S. Medical Devices ETF were worth $3,318,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in iShares U.S. Medical Devices ETF by 127.6% during the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after buying an additional 674,168 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $38,896,000. Wharton Business Group LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 3.0% during the 3rd quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock valued at $16,395,000 after acquiring an additional 8,070 shares during the last quarter. Baltimore Washington Financial Advisors Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 3.1% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 272,425 shares of the company’s stock valued at $16,133,000 after purchasing an additional 8,199 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in iShares U.S. Medical Devices ETF by 15.5% in the fourth quarter. HighTower Advisors LLC now owns 236,462 shares of the company’s stock worth $13,798,000 after purchasing an additional 31,732 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Up 1.0 %

IHI stock opened at $59.17 on Monday. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $65.18. The firm has a market capitalization of $4.65 billion, a P/E ratio of 31.88 and a beta of 0.90. The company has a fifty day simple moving average of $62.73 and a two-hundred day simple moving average of $60.51.

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.