iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Brookstone Capital Management

Brookstone Capital Management cut its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,168 shares of the company’s stock after selling 886 shares during the period. Brookstone Capital Management’s holdings in iShares U.S. Medical Devices ETF were worth $1,064,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Wealthspire Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $218,000. Millington Financial Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $428,000. Raymond James Financial Services Advisors Inc. boosted its stake in iShares U.S. Medical Devices ETF by 24.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 367,812 shares of the company’s stock worth $19,851,000 after purchasing an additional 71,596 shares in the last quarter. Focus Financial Network Inc. ADV acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $2,791,000. Finally, Cerity Partners LLC boosted its stake in iShares U.S. Medical Devices ETF by 12.4% in the 4th quarter. Cerity Partners LLC now owns 50,284 shares of the company’s stock worth $2,714,000 after purchasing an additional 5,559 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.1 %

IHI opened at $56.04 on Friday. iShares U.S. Medical Devices ETF has a 12-month low of $43.96 and a 12-month high of $59.14. The firm has a market capitalization of $5.30 billion, a PE ratio of 35.18 and a beta of 0.83. The firm has a 50 day moving average of $55.86 and a two-hundred day moving average of $55.97.

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.