Capital Investment Advisory Services LLC Reduces Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Capital Investment Advisory Services LLC lessened its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,681 shares of the company’s stock after selling 548 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in iShares U.S. Medical Devices ETF were worth $331,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Cetera Investment Advisers boosted its stake in iShares U.S. Medical Devices ETF by 3.9% during the second quarter. Cetera Investment Advisers now owns 243,033 shares of the company’s stock worth $13,620,000 after buying an additional 9,199 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $983,000. Miracle Mile Advisors LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 3.3% during the 3rd quarter. Miracle Mile Advisors LLC now owns 35,135 shares of the company’s stock worth $2,081,000 after purchasing an additional 1,137 shares during the period. Brookstone Capital Management increased its holdings in iShares U.S. Medical Devices ETF by 2.2% in the 3rd quarter. Brookstone Capital Management now owns 18,239 shares of the company’s stock valued at $1,080,000 after purchasing an additional 394 shares during the last quarter. Finally, Strategic Wealth Partners Ltd. raised its position in iShares U.S. Medical Devices ETF by 3.1% in the third quarter. Strategic Wealth Partners Ltd. now owns 138,767 shares of the company’s stock valued at $8,218,000 after purchasing an additional 4,111 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 1.1 %

NYSEARCA:IHI opened at $63.81 on Friday. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $65.05. The stock’s fifty day moving average is $60.60 and its two-hundred day moving average is $59.01. The stock has a market capitalization of $6.03 billion, a price-to-earnings 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.