TPG Advisors LLC Sells 397 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

TPG Advisors LLC cut its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,701 shares of the company’s stock after selling 397 shares during the quarter. iShares U.S. Medical Devices ETF makes up approximately 1.1% of TPG Advisors LLC’s portfolio, making the stock its 25th largest holding. TPG Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,441,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of 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 buying an additional 674,168 shares in the last quarter. Wharton Business Group LLC grew its holdings in shares of 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 last quarter. Baltimore Washington Financial Advisors Inc. grew its holdings in shares of 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 last quarter. Kingsview Wealth Management LLC grew its holdings in shares of iShares U.S. Medical Devices ETF by 71.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 206,678 shares of the company’s stock worth $12,060,000 after purchasing an additional 86,315 shares during the last quarter. Finally, Arkansas Financial Group Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 2.9% in the fourth quarter. Arkansas Financial Group Inc. now owns 183,268 shares of the company’s stock worth $10,694,000 after purchasing an additional 5,172 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of iShares U.S. Medical Devices ETF stock opened at $63.77 on Friday. The stock has a market capitalization of $6.03 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. The company’s 50 day moving average price is $62.18 and its 200-day moving average price is $60.15. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $65.18.

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.