Choreo LLC Cuts Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Choreo LLC lowered its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,996 shares of the company’s stock after selling 429 shares during the quarter. Choreo LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,049,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IHI. Nations Financial Group Inc. IA ADV lifted its stake in iShares U.S. Medical Devices ETF by 1.0% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 19,628 shares of the company’s stock worth $1,059,000 after purchasing an additional 186 shares during the last quarter. Clear Creek Financial Management LLC lifted its position in iShares U.S. Medical Devices ETF by 1.0% in the 1st quarter. Clear Creek Financial Management LLC now owns 18,360 shares of the company’s stock worth $1,076,000 after buying an additional 188 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its stake in iShares U.S. Medical Devices ETF by 2.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock worth $492,000 after buying an additional 189 shares in the last quarter. Gallacher Capital Management LLC grew its position in iShares U.S. Medical Devices ETF by 2.0% during the first quarter. Gallacher Capital Management LLC now owns 9,632 shares of the company’s stock valued at $564,000 after acquiring an additional 190 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in iShares U.S. Medical Devices ETF by 0.3% during the second quarter. Continuum Advisory LLC now owns 55,700 shares of the company’s stock valued at $3,121,000 after acquiring an additional 193 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI opened at $59.48 on Friday. iShares U.S. Medical Devices ETF has a fifty-two week low of $43.96 and a fifty-two week high of $59.54. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. The firm has a 50 day moving average price of $56.78 and a 200-day moving average price of $56.53.

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.