iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Position Boosted by Millington Financial Advisors LLC

Millington Financial Advisors LLC boosted its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 15.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,952 shares of the company’s stock after acquiring an additional 10,369 shares during the period. iShares U.S. Medical Devices ETF accounts for 2.9% of Millington Financial Advisors LLC’s portfolio, making the stock its 10th largest holding. Millington Financial Advisors LLC owned approximately 0.08% of iShares U.S. Medical Devices ETF worth $4,933,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Assetmark Inc. grew its position in shares of 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 valued at $96,000 after purchasing an additional 277 shares in the last quarter. International Assets Investment Management LLC boosted its stake in iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after buying an additional 744,407 shares during the last quarter. Private Advisor Group LLC grew its holdings in iShares U.S. Medical Devices ETF by 10.0% during the 3rd quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock valued at $3,924,000 after buying an additional 6,022 shares in the last quarter. Blue Trust Inc. increased its stake in iShares U.S. Medical Devices ETF by 86.5% in the 4th quarter. Blue Trust Inc. now owns 1,981 shares of the company’s stock worth $116,000 after acquiring an additional 919 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Medical Devices ETF by 127.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after acquiring an additional 674,168 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA IHI opened at $64.70 on Tuesday. The stock has a 50 day moving average price of $61.85 and a 200-day moving average price of $60.04. iShares U.S. Medical Devices ETF has a one year low of $53.72 and a one year high of $65.18. The company has a market capitalization of $6.11 billion, a P/E ratio of 35.18 and a beta of 0.83.

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.