Integrated Advisors Network LLC Has $1.79 Million Stock Holdings in iShares U.S. Medical Devices ETF $IHI

Integrated Advisors Network LLC decreased its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 34.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 33,596 shares of the company’s stock after selling 17,904 shares during the quarter. Integrated Advisors Network LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,792,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of IHI. Whittier Trust Co. of Nevada Inc. raised its holdings in iShares U.S. Medical Devices ETF by 107.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 386 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares during the period. FWL Investment Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter worth approximately $27,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $29,000. Group One Trading LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the second quarter valued at approximately $29,000. Finally, Modus Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth approximately $30,000.

iShares U.S. Medical Devices ETF Trading Up 0.3%

NYSEARCA:IHI opened at $52.25 on Wednesday. The stock has a 50 day simple moving average of $49.90 and a 200 day simple moving average of $55.27. The stock has a market cap of $3.18 billion, a P/E ratio of 30.76 and a beta of 0.82. iShares U.S. Medical Devices ETF has a 1-year low of $47.37 and a 1-year high of $64.71.

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.