iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by RPS Advisory Solutions LLC

RPS Advisory Solutions LLC lowered its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 11,364 shares of the company’s stock after selling 233 shares during the quarter. RPS Advisory Solutions LLC’s holdings in iShares U.S. Medical Devices ETF were worth $663,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. raised its holdings in iShares U.S. Medical Devices ETF by 0.6% during the fourth quarter. Valley Wealth Managers Inc. now owns 24,875 shares of the company’s stock worth $1,451,000 after purchasing an additional 160 shares in the last quarter. Concord Wealth Partners boosted its stake in iShares U.S. Medical Devices ETF by 8.7% during the 3rd quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock worth $128,000 after purchasing an additional 173 shares during the period. Tyche Wealth Partners LLC grew its position in iShares U.S. Medical Devices ETF by 5.0% during the 4th quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock worth $245,000 after purchasing an additional 198 shares during the last quarter. LaFleur & Godfrey LLC increased its stake in iShares U.S. Medical Devices ETF by 6.4% in the fourth quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after purchasing an additional 228 shares during the period. Finally, Montag A & Associates Inc. raised its holdings in shares of iShares U.S. Medical Devices ETF by 13.7% in the fourth quarter. Montag A & Associates Inc. now owns 2,070 shares of the company’s stock valued at $121,000 after buying an additional 250 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA IHI opened at $64.84 on Friday. The firm has a market cap of $6.13 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $65.18. The business’s 50-day moving average price is $61.65 and its 200 day moving average price is $59.84.

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.