Hazlett Burt & Watson Inc. Has $1.84 Million Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Hazlett Burt & Watson Inc. lowered its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,884 shares of the company’s stock after selling 2,027 shares during the period. iShares U.S. Medical Devices ETF accounts for 0.9% of Hazlett Burt & Watson Inc.’s holdings, making the stock its 21st biggest position. Hazlett Burt & Watson Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,844,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares U.S. Medical Devices ETF by 46.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 7,452 shares of the company’s stock worth $402,000 after buying an additional 2,364 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 29.9% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 7,095 shares of the company’s stock valued at $383,000 after purchasing an additional 1,634 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 18.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 28,126 shares of the company’s stock valued at $1,518,000 after purchasing an additional 4,414 shares during the last quarter. AMG National Trust Bank bought a new stake in iShares U.S. Medical Devices ETF during the fourth quarter worth $210,000. Finally, TrinityPoint Wealth LLC bought a new position in iShares U.S. Medical Devices ETF during the fourth quarter valued at about $210,000.

iShares U.S. Medical Devices ETF Stock Up 0.8 %

NYSEARCA IHI opened at $59.16 on Wednesday. iShares U.S. Medical Devices ETF has a 52 week low of $43.96 and a 52 week high of $59.17. The firm’s 50-day simple moving average is $56.61 and its two-hundred day simple moving average is $56.49. The company has a market cap of $5.59 billion, a PE 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.