Carrera Capital Advisors Sells 1,155 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Carrera Capital Advisors lessened its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 15.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,203 shares of the company’s stock after selling 1,155 shares during the quarter. Carrera Capital Advisors’ holdings in iShares U.S. Medical Devices ETF were worth $367,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Baker Avenue Asset Management LP lifted its holdings in shares of iShares U.S. Medical Devices ETF by 1.9% in the third quarter. Baker Avenue Asset Management LP now owns 161,352 shares of the company’s stock valued at $9,555,000 after purchasing an additional 2,970 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in iShares U.S. Medical Devices ETF by 3.7% during the third quarter. Axxcess Wealth Management LLC now owns 78,349 shares of the company’s stock worth $4,640,000 after acquiring an additional 2,824 shares during the period. Houlihan Financial Resource Group Ltd. bought a new stake in iShares U.S. Medical Devices ETF during the third quarter worth $505,000. Assetmark Inc. lifted its holdings in iShares U.S. Medical Devices ETF by 20.7% during the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after acquiring an additional 277 shares during the period. Finally, Armor Investment Advisors LLC lifted its holdings in iShares U.S. Medical Devices ETF by 2.8% during the third quarter. Armor Investment Advisors LLC now owns 39,214 shares of the company’s stock worth $2,322,000 after acquiring an additional 1,078 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 0.3 %

iShares U.S. Medical Devices ETF stock traded down $0.16 during mid-day trading on Tuesday, reaching $60.26. 128,713 shares of the company’s stock were exchanged, compared to its average volume of 832,100. The business’s fifty day simple moving average is $58.98 and its 200 day simple moving average is $57.12. The firm has a market capitalization of $5.69 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a one year low of $46.13 and a one year high of $60.88.

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.