Sunbelt Securities Inc. Decreases Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Sunbelt Securities Inc. reduced its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 10.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,890 shares of the company’s stock after selling 1,101 shares during the period. Sunbelt Securities Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $554,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Corient Private Wealth LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the fourth quarter valued at approximately $830,000. Belpointe Asset Management LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 21.7% during the fourth quarter. Belpointe Asset Management LLC now owns 28,214 shares of the company’s stock valued at $1,523,000 after buying an additional 5,024 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of iShares U.S. Medical Devices ETF by 423.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 65,809 shares of the company’s stock valued at $3,552,000 after buying an additional 53,242 shares during the period. Continuum Advisory LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the fourth quarter valued at approximately $3,484,000. Finally, Virtu Financial LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 88.4% during the fourth quarter. Virtu Financial LLC now owns 44,662 shares of the company’s stock valued at $2,410,000 after buying an additional 20,955 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

IHI opened at $58.54 on Wednesday. iShares U.S. Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $60.11. The stock has a market capitalization of $5.53 billion, a PE ratio of 35.18 and a beta of 0.83. The stock’s 50 day moving average price is $57.52 and its 200-day moving average price is $56.63.

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.