Dynamic Advisor Solutions LLC Sells 16,839 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Dynamic Advisor Solutions LLC lowered its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 26.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,254 shares of the company’s stock after selling 16,839 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares U.S. Medical Devices ETF were worth $2,739,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. GPS Wealth Strategies Group LLC lifted its holdings in iShares U.S. Medical Devices ETF by 2.2% during the second quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock worth $492,000 after acquiring an additional 189 shares during the period. Gallacher Capital Management LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 2.0% in the 1st quarter. Gallacher Capital Management LLC now owns 9,632 shares of the company’s stock worth $564,000 after buying an additional 190 shares during the last quarter. 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 buying an additional 193 shares during the period. Sterling Investment Counsel LLC increased its holdings in iShares U.S. Medical Devices ETF by 2.2% during the second quarter. Sterling Investment Counsel LLC now owns 10,290 shares of the company’s stock worth $577,000 after buying an additional 223 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in iShares U.S. Medical Devices ETF by 7.1% in the first quarter. Larson Financial Group LLC now owns 3,637 shares of the company’s stock worth $213,000 after acquiring an additional 242 shares during the period.

iShares U.S. Medical Devices ETF Stock Up 0.8 %

iShares U.S. Medical Devices ETF stock opened at $58.70 on Thursday. The firm has a 50 day moving average price of $57.91 and a 200-day moving average price of $56.68. iShares U.S. Medical Devices ETF has a twelve month low of $43.96 and a twelve month high of $60.11. The company has a market capitalization of $5.55 billion, a P/E ratio of 35.18 and a beta of 0.83.

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.