Heirloom Wealth Management Has $807,000 Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Heirloom Wealth Management decreased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 17.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,960 shares of the company’s stock after selling 3,109 shares during the quarter. iShares U.S. Medical Devices ETF makes up approximately 0.3% of Heirloom Wealth Management’s portfolio, making the stock its 29th biggest position. Heirloom Wealth Management’s holdings in iShares U.S. Medical Devices ETF were worth $807,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Cedar Brook Financial Partners LLC raised its position in iShares U.S. Medical Devices ETF by 0.6% during the 4th quarter. Cedar Brook Financial Partners LLC now owns 30,683 shares of the company’s stock worth $1,700,000 after purchasing an additional 183 shares during the last quarter. Avitas Wealth Management LLC raised its position in iShares U.S. Medical Devices ETF by 3.5% during the 1st quarter. Avitas Wealth Management LLC now owns 5,993 shares of the company’s stock worth $324,000 after purchasing an additional 200 shares during the last quarter. Realta Investment Advisors raised its position in iShares U.S. Medical Devices ETF by 4.2% during the 4th quarter. Realta Investment Advisors now owns 5,728 shares of the company’s stock worth $309,000 after purchasing an additional 233 shares during the last quarter. Wealthfront Advisers LLC raised its position in iShares U.S. Medical Devices ETF by 2.9% during the 1st quarter. Wealthfront Advisers LLC now owns 9,023 shares of the company’s stock worth $550,000 after purchasing an additional 256 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC raised its position in iShares U.S. Medical Devices ETF by 2.8% during the 1st quarter. Gladstone Institutional Advisory LLC now owns 9,432 shares of the company’s stock worth $509,000 after purchasing an additional 259 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI stock traded down $0.17 during mid-day trading on Friday, hitting $54.36. The company’s stock had a trading volume of 1,346,523 shares, compared to its average volume of 1,214,724. The company’s fifty day simple moving average is $57.16 and its 200-day simple moving average is $53.12. iShares U.S. Medical Devices ETF has a 52 week low of $43.96 and a 52 week high of $59.14. The company has a market cap of $5.91 billion, a PE ratio of 33.98 and a beta of 0.85.

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.