iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Sold by Gallacher Capital Management LLC

Gallacher Capital Management LLC trimmed its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 26.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,442 shares of the company’s stock after selling 3,439 shares during the quarter. Gallacher Capital Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $510,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cedar Brook Financial Partners LLC grew its holdings in iShares U.S. Medical Devices ETF by 0.6% in the 4th quarter. Cedar Brook Financial Partners LLC now owns 30,683 shares of the company’s stock valued at $1,700,000 after buying an additional 183 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in iShares U.S. Medical Devices ETF by 0.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 52,094 shares of the company’s stock valued at $2,812,000 after buying an additional 214 shares in the last quarter. Larson Financial Group LLC grew its holdings in iShares U.S. Medical Devices ETF by 6.9% in the 4th quarter. Larson Financial Group LLC now owns 3,395 shares of the company’s stock valued at $183,000 after buying an additional 220 shares in the last quarter. Realta Investment Advisors grew its holdings in iShares U.S. Medical Devices ETF by 4.2% in the 4th quarter. Realta Investment Advisors now owns 5,728 shares of the company’s stock valued at $309,000 after buying an additional 233 shares in the last quarter. Finally, WealthShield Partners LLC grew its holdings in iShares U.S. Medical Devices ETF by 16.4% in the 4th quarter. WealthShield Partners LLC now owns 2,051 shares of the company’s stock valued at $111,000 after buying an additional 289 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Up 0.6 %

NYSEARCA:IHI traded up $0.33 during trading hours on Friday, hitting $55.49. The company had a trading volume of 757,739 shares, compared to its average volume of 1,174,962. The company has a 50-day moving average of $56.82 and a 200 day moving average of $53.80. The company has a market cap of $5.29 billion, a P/E ratio of 34.68 and a beta of 0.82. iShares U.S. Medical Devices ETF has a 1 year low of $43.96 and a 1 year high of $59.14.

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.