Mason & Associates Inc Reduces Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Mason & Associates Inc lessened its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 33.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,093 shares of the company’s stock after selling 23,841 shares during the quarter. iShares U.S. Medical Devices ETF comprises 0.7% of Mason & Associates Inc’s investment portfolio, making the stock its 23rd biggest holding. Mason & Associates Inc owned about 0.05% of iShares U.S. Medical Devices ETF worth $2,848,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 2.2% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock worth $492,000 after acquiring an additional 189 shares during the period. Gallacher Capital Management LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 2.0% in the 1st quarter. Gallacher Capital Management LLC now owns 9,632 shares of the company’s stock valued at $564,000 after buying an additional 190 shares during the period. Continuum Advisory LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 0.3% in the second quarter. Continuum Advisory LLC now owns 55,700 shares of the company’s stock valued at $3,121,000 after buying an additional 193 shares in the last quarter. Sterling Investment Counsel LLC grew its holdings in iShares U.S. Medical Devices ETF by 2.2% during the second quarter. Sterling Investment Counsel LLC now owns 10,290 shares of the company’s stock worth $577,000 after acquiring an additional 223 shares during the period. Finally, Larson Financial Group LLC raised its position in iShares U.S. Medical Devices ETF by 7.1% in the first quarter. Larson Financial Group LLC now owns 3,637 shares of the company’s stock worth $213,000 after acquiring an additional 242 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock traded up $0.26 during mid-day trading on Thursday, reaching $59.70. The company had a trading volume of 115,508 shares, compared to its average volume of 856,250. The company has a market capitalization of $5.64 billion, a P/E ratio of 35.18 and a beta of 0.83. The stock’s 50-day simple moving average is $58.63 and its 200-day simple moving average is $56.79. iShares U.S. Medical Devices ETF has a 1 year low of $43.96 and a 1 year high of $60.43.

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.