Paragon Private Wealth Management LLC Raises Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Paragon Private Wealth Management LLC lifted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 7.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,209 shares of the company’s stock after buying an additional 826 shares during the period. Paragon Private Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $712,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in 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 worth $71,206,000 after purchasing an additional 674,168 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares U.S. Medical Devices ETF during the 4th quarter worth approximately $38,896,000. Wharton Business Group LLC grew its position in iShares U.S. Medical Devices ETF by 3.0% during the 3rd 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 position in iShares U.S. Medical Devices ETF by 3.1% during the 3rd 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. Finally, Kingsview Wealth Management LLC grew its position in iShares U.S. Medical Devices ETF by 71.7% during the 4th 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.

iShares U.S. Medical Devices ETF Trading Down 0.1 %

NYSEARCA:IHI opened at $61.92 on Monday. The company has a market cap of $4.87 billion, a PE ratio of 31.88 and a beta of 0.90. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The company’s 50 day moving average is $62.64 and its two-hundred day moving average is $60.46.

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.