Main Street Financial Solutions LLC Trims Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Main Street Financial Solutions LLC trimmed its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,396 shares of the company’s stock after selling 408 shares during the period. Main Street Financial Solutions LLC’s holdings in iShares U.S. Medical Devices ETF were worth $556,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in IHI. SG Americas Securities LLC increased its position in shares of iShares U.S. Medical Devices ETF by 107.3% during the first quarter. SG Americas Securities LLC now owns 6,127 shares of the company’s stock worth $359,000 after purchasing an additional 3,171 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of iShares U.S. Medical Devices ETF in the first quarter worth $27,000. Bleakley Financial Group LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the 1st quarter valued at $214,000. Blair William & Co. IL raised its stake in iShares U.S. Medical Devices ETF by 1.5% in the 1st quarter. Blair William & Co. IL now owns 102,562 shares of the company’s stock worth $6,009,000 after acquiring an additional 1,519 shares during the last quarter. Finally, Safeguard Investment Advisory Group LLC lifted its position in iShares U.S. Medical Devices ETF by 5.4% during the 1st quarter. Safeguard Investment Advisory Group LLC now owns 110,478 shares of the company’s stock worth $6,473,000 after acquiring an additional 5,627 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 1.0 %

Shares of NYSEARCA:IHI opened at $59.43 on Friday. The business has a 50-day moving average price of $59.07 and a 200-day moving average price of $57.19. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52-week low of $47.70 and a 52-week high of $60.88.

iShares U.S. Medical Devices ETF 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.