CMH Wealth Management LLC Sells 28,163 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

CMH Wealth Management LLC lowered its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 31.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,754 shares of the company’s stock after selling 28,163 shares during the period. CMH Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $3,662,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IHI. Benjamin F. Edwards & Company Inc. grew its position in iShares U.S. Medical Devices ETF by 4.6% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 25,039 shares of the company’s stock valued at $1,403,000 after buying an additional 1,111 shares during the period. AlTi Global Inc. bought a new stake in shares of iShares U.S. Medical Devices ETF during the 2nd quarter valued at $393,000. Daymark Wealth Partners LLC grew its position in shares of iShares U.S. Medical Devices ETF by 7.0% during the 2nd quarter. Daymark Wealth Partners LLC now owns 6,238 shares of the company’s stock valued at $350,000 after acquiring an additional 408 shares during the period. B. Riley Wealth Advisors Inc. increased its stake in shares of iShares U.S. Medical Devices ETF by 10.8% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 126,481 shares of the company’s stock worth $7,088,000 after purchasing an additional 12,338 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in iShares U.S. Medical Devices ETF by 3.9% in the 2nd quarter. Cetera Investment Advisers now owns 243,033 shares of the company’s stock worth $13,620,000 after purchasing an additional 9,199 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA IHI opened at $61.84 on Tuesday. The business’s fifty day moving average is $59.90 and its 200 day moving average is $58.54. The company has a market capitalization of $5.84 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $62.06.

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.