Brookstone Capital Management Sells 677 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Brookstone Capital Management lessened its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,562 shares of the company’s stock after selling 677 shares during the period. Brookstone Capital Management’s holdings in iShares U.S. Medical Devices ETF were worth $1,025,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IHI. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth $28,000. RPg Family Wealth Advisory LLC bought a new position in iShares U.S. Medical Devices ETF in the 3rd quarter worth $35,000. Truvestments Capital LLC acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth $53,000. TD Private Client Wealth LLC boosted its holdings in iShares U.S. Medical Devices ETF by 49.8% during the third quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after acquiring an additional 311 shares during the period. Finally, Blue Trust Inc. grew its position in shares of iShares U.S. Medical Devices ETF by 186.3% in the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after purchasing an additional 691 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

iShares U.S. Medical Devices ETF stock opened at $61.61 on Friday. The business’s 50-day simple moving average is $59.84 and its 200-day simple moving average is $58.40. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $61.68. The firm has a market capitalization of $5.82 billion, a PE ratio of 35.18 and a beta of 0.83.

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.