Eq LLC Has $670,000 Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Eq LLC decreased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 8.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,479 shares of the company’s stock after selling 1,103 shares during the quarter. Eq LLC’s holdings in iShares U.S. Medical Devices ETF were worth $670,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IHI. Millington Financial Advisors LLC increased its stake in iShares U.S. Medical Devices ETF by 15.6% during the 4th quarter. Millington Financial Advisors LLC now owns 76,952 shares of the company’s stock worth $4,933,000 after purchasing an additional 10,369 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $196,000. WESPAC Advisors LLC increased its holdings in iShares U.S. Medical Devices ETF by 6.7% during the fourth quarter. WESPAC Advisors LLC now owns 15,994 shares of the company’s stock worth $933,000 after buying an additional 1,001 shares during the last quarter. Variant Private Wealth LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at about $1,330,000. Finally, Aspect Partners LLC bought a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $35,000.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA IHI opened at $63.98 on Wednesday. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $65.18. The firm has a 50-day moving average of $61.95 and a 200-day moving average of $60.10. The stock has a market cap of $6.05 billion, a PE 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.