iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Stock Position Cut by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lessened its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,591 shares of the company’s stock after selling 415 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $501,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. LaFleur & Godfrey LLC grew its position in iShares U.S. Medical Devices ETF by 6.4% in the 4th quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after buying an additional 228 shares in the last quarter. Client 1ST Advisory Group LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $331,000. Sax Wealth Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $364,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares U.S. Medical Devices ETF by 8.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,721 shares of the company’s stock valued at $276,000 after acquiring an additional 366 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at about $590,000.

iShares U.S. Medical Devices ETF Trading Up 0.3 %

Shares of NYSEARCA IHI opened at $63.25 on Thursday. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $63.79. The company has a market capitalization of $5.98 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. The firm has a 50-day moving average of $60.02 and a two-hundred day moving average of $58.63.

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.