Dynamic Advisor Solutions LLC Lowers Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Dynamic Advisor Solutions LLC cut its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 13.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,016 shares of the company’s stock after selling 6,238 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares U.S. Medical Devices ETF were worth $2,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Concord Wealth Partners grew its holdings in iShares U.S. Medical Devices ETF by 8.7% in the 3rd quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock worth $128,000 after acquiring an additional 173 shares during the last quarter. LaFleur & Godfrey LLC grew its stake in shares of 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 worth $222,000 after purchasing an additional 228 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in iShares U.S. Medical Devices ETF by 9.1% during the 4th quarter. Rosenberg Matthew Hamilton now owns 3,090 shares of the company’s stock valued at $180,000 after purchasing an additional 257 shares during the period. Assetmark Inc. lifted its holdings in iShares U.S. Medical Devices ETF by 20.7% in the 3rd quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after buying an additional 277 shares during the period. Finally, TD Private Client Wealth LLC grew its position in shares of iShares U.S. Medical Devices ETF by 49.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock worth $55,000 after buying an additional 311 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

IHI opened at $63.87 on Friday. The stock’s 50 day moving average price is $60.20 and its 200-day moving average price is $58.75. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $63.95. The stock has a market capitalization of $6.04 billion, a PE ratio of 35.18 and a beta of 0.83.

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.