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

Eq LLC decreased its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 12.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,582 shares of the company’s stock after selling 1,712 shares during the quarter. Eq LLC’s holdings in iShares U.S. Medical Devices ETF were worth $745,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC boosted its holdings in iShares U.S. Medical Devices ETF by 91.1% in the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after purchasing an additional 246 shares during the last quarter. Global Trust Asset Management LLC boosted its holdings in iShares U.S. Medical Devices ETF by 400.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock valued at $42,000 after purchasing an additional 600 shares during the last quarter. Blue Trust Inc. boosted its holdings in iShares U.S. Medical Devices ETF by 186.3% in the 3rd 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. Mather Group LLC. boosted its holdings in iShares U.S. Medical Devices ETF by 52.6% in the 2nd quarter. Mather Group LLC. now owns 1,096 shares of the company’s stock valued at $64,000 after purchasing an additional 378 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in shares of iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $71,000.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI stock opened at $59.54 on Monday. The firm’s 50 day moving average price is $59.10 and its 200-day moving average price is $57.24. iShares U.S. Medical Devices ETF has a one year low of $48.19 and a one year high of $60.88. The firm has a market cap of $5.63 billion, a P/E ratio of 35.18 and a beta of 0.83.

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.