Capital Asset Advisory Services LLC Has $4.13 Million Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Capital Asset Advisory Services LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.6% during the first quarter, Holdings Channel.com reports. The firm owned 72,038 shares of the company’s stock after acquiring an additional 2,506 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares U.S. Medical Devices ETF were worth $4,128,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IHI. Cedar Brook Financial Partners LLC raised its holdings in iShares U.S. Medical Devices ETF by 0.6% during the 4th quarter. Cedar Brook Financial Partners LLC now owns 30,683 shares of the company’s stock worth $1,700,000 after purchasing an additional 183 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in iShares U.S. Medical Devices ETF by 1.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 19,628 shares of the company’s stock valued at $1,059,000 after buying an additional 186 shares during the period. Kestra Private Wealth Services LLC boosted its position in iShares U.S. Medical Devices ETF by 0.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 52,094 shares of the company’s stock valued at $2,812,000 after acquiring an additional 214 shares during the last quarter. Larson Financial Group LLC grew its holdings in iShares U.S. Medical Devices ETF by 6.9% during the 4th quarter. Larson Financial Group LLC now owns 3,395 shares of the company’s stock worth $183,000 after acquiring an additional 220 shares during the period. Finally, Realta Investment Advisors grew its holdings in iShares U.S. Medical Devices ETF by 4.2% during the 4th quarter. Realta Investment Advisors now owns 5,728 shares of the company’s stock worth $309,000 after acquiring an additional 233 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA:IHI traded down $0.07 during midday trading on Friday, reaching $56.04. The company’s stock had a trading volume of 652,089 shares, compared to its average volume of 1,021,148. iShares U.S. Medical Devices ETF has a fifty-two week low of $43.96 and a fifty-two week high of $59.14. The firm has a 50 day moving average price of $55.83 and a two-hundred day moving average price of $55.91. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

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.