Commonwealth Equity Services LLC Has $18.82 Million Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Commonwealth Equity Services LLC cut its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 6.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 322,483 shares of the company’s stock after selling 22,107 shares during the quarter. Commonwealth Equity Services LLC owned about 0.34% of iShares U.S. Medical Devices ETF worth $18,817,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Assetmark Inc. boosted its position in iShares U.S. Medical Devices ETF by 20.7% during the third quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock worth $96,000 after purchasing an additional 277 shares during the period. Blue Trust Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 86.5% during the 4th quarter. Blue Trust Inc. now owns 1,981 shares of the company’s stock worth $116,000 after buying an additional 919 shares during the period. JPMorgan Chase & Co. grew its stake in iShares U.S. Medical Devices ETF by 127.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after buying an additional 674,168 shares during the last quarter. Savant Capital LLC acquired a new stake in iShares U.S. Medical Devices ETF during the fourth quarter worth approximately $345,000. Finally, FMR LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 6.1% during the third quarter. FMR LLC now owns 28,988 shares of the company’s stock worth $1,717,000 after acquiring an additional 1,660 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 1.0 %

iShares U.S. Medical Devices ETF stock opened at $59.17 on Monday. The company has a market capitalization of $4.65 billion, a price-to-earnings ratio of 31.88 and a beta of 0.90. The stock’s 50 day moving average is $62.73 and its 200-day moving average is $60.51. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18.

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.