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

Marcum Wealth LLC lessened its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,738 shares of the company’s stock after selling 241 shares during the quarter. Marcum Wealth LLC’s holdings in iShares U.S. Medical Devices ETF were worth $219,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mather Group LLC. acquired a new stake in iShares U.S. Medical Devices ETF during the 1st quarter valued at $39,000. Livelsberger Financial Advisory acquired a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter valued at about $39,000. Planned Solutions Inc. purchased a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth about $49,000. Arvest Investments Inc. acquired a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $52,000. Finally, Ables Iannone Moore & Associates Inc. purchased a new position in iShares U.S. Medical Devices ETF in the fourth quarter valued at about $59,000.

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

Shares of NYSEARCA IHI opened at $56.38 on Friday. The business has a 50 day moving average price of $55.77 and a two-hundred day moving average price of $55.80. iShares U.S. Medical Devices ETF has a fifty-two week low of $43.96 and a fifty-two week high of $59.14. The firm has a market cap of $5.33 billion, a PE 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.