Parallel Advisors LLC Has $1.25 Million Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Parallel Advisors LLC reduced its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,354 shares of the company’s stock after selling 1,232 shares during the quarter. Parallel Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,246,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in IHI. Blue Trust Inc. grew 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 valued at $116,000 after acquiring an additional 919 shares in the last quarter. JPMorgan Chase & Co. grew 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 valued at $71,206,000 after acquiring an additional 674,168 shares in the last quarter. Savant Capital LLC purchased a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at $345,000. FMR LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 6.1% during the 3rd quarter. FMR LLC now owns 28,988 shares of the company’s stock valued at $1,717,000 after acquiring an additional 1,660 shares in the last quarter. Finally, Salem Investment Counselors Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 41.5% during the 4th quarter. Salem Investment Counselors Inc. now owns 4,686 shares of the company’s stock valued at $273,000 after acquiring an additional 1,375 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.8 %

iShares U.S. Medical Devices ETF stock opened at $59.99 on Thursday. The company’s fifty day simple moving average is $62.73 and its 200-day simple moving average is $60.52. 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 $4.72 billion, a P/E ratio of 31.88 and a beta of 0.90.

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.