Sanctuary Advisors LLC Decreases Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Sanctuary Advisors LLC lowered its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 15.3% during the third quarter, Holdings Channel reports. The fund owned 14,989 shares of the company’s stock after selling 2,718 shares during the period. Sanctuary Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $905,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. AMG National Trust Bank lifted its stake in iShares U.S. Medical Devices ETF by 100.0% in the second quarter. AMG National Trust Bank now owns 7,776 shares of the company’s stock worth $436,000 after acquiring an additional 3,888 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 343.3% during the second quarter. Signature Estate & Investment Advisors LLC now owns 36,278 shares of the company’s stock worth $2,033,000 after purchasing an additional 28,094 shares in the last quarter. AlphaStar Capital Management LLC purchased a new position in iShares U.S. Medical Devices ETF in the second quarter valued at $672,000. Arkadios Wealth Advisors raised its stake in iShares U.S. Medical Devices ETF by 24.2% in the second quarter. Arkadios Wealth Advisors now owns 4,960 shares of the company’s stock valued at $278,000 after buying an additional 965 shares in the last quarter. Finally, Ameritas Advisory Services LLC lifted its holdings in iShares U.S. Medical Devices ETF by 0.6% during the 2nd quarter. Ameritas Advisory Services LLC now owns 56,884 shares of the company’s stock worth $3,188,000 after buying an additional 352 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA:IHI opened at $58.81 on Monday. iShares U.S. Medical Devices ETF has a 1 year low of $52.60 and a 1 year high of $61.28. The stock has a market cap of $5.56 billion, a P/E ratio of 35.18 and a beta of 0.83. The stock has a 50-day simple moving average of $59.74 and a 200-day simple moving average of $57.97.

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.