Eaton Financial Holdings Company LLC Sells 5,181 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Eaton Financial Holdings Company LLC lessened its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 14.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,619 shares of the company’s stock after selling 5,181 shares during the quarter. Eaton Financial Holdings Company LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,728,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in iShares U.S. Medical Devices ETF by 127.6% in the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after purchasing an additional 674,168 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares U.S. Medical Devices ETF in the fourth quarter worth $38,896,000. Wharton Business Group LLC grew its stake in iShares U.S. Medical Devices ETF by 3.0% in the third quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock worth $16,395,000 after purchasing an additional 8,070 shares during the period. Baltimore Washington Financial Advisors Inc. grew its stake in iShares U.S. Medical Devices ETF by 3.1% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 272,425 shares of the company’s stock worth $16,133,000 after purchasing an additional 8,199 shares during the period. Finally, HighTower Advisors LLC grew its stake in iShares U.S. Medical Devices ETF by 15.5% in the fourth quarter. HighTower Advisors LLC now owns 236,462 shares of the company’s stock worth $13,798,000 after purchasing an additional 31,732 shares during the period.

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

NYSEARCA IHI opened at $59.17 on Monday. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18. The stock has a market cap of $4.65 billion, a P/E ratio of 31.88 and a beta of 0.90. The stock’s fifty day moving average price is $62.73 and its 200-day moving average price is $60.51.

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.