Retirement Planning Co of New England Inc. Reduces Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Retirement Planning Co of New England Inc. lessened its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,501 shares of the company’s stock after selling 206 shares during the period. Retirement Planning Co of New England Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $963,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. raised its stake in shares of iShares U.S. Medical Devices ETF by 20.7% during the 3rd quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock valued at $96,000 after purchasing an additional 277 shares during the period. Blue Trust Inc. raised its stake 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 purchasing an additional 919 shares during the period. JPMorgan Chase & Co. raised its stake 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 purchasing an additional 674,168 shares during the period. Savant Capital LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at $345,000. Finally, FMR LLC raised its stake 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 purchasing an additional 1,660 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA:IHI opened at $59.81 on Tuesday. 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 market cap of $4.70 billion, a price-to-earnings ratio of 31.88 and a beta of 0.90. The business’s fifty day moving average is $62.74 and its 200 day moving average is $60.52.

iShares U.S. Medical Devices ETF Company 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.