iShares Global Healthcare ETF (NYSEARCA:IXJ) Sees Strong Trading Volume

iShares Global Healthcare ETF (NYSEARCA:IXJ) saw unusually-strong trading volume on Thursday . Approximately 595,911 shares were traded during trading, an increase of 311% from the previous session’s volume of 144,914 shares.The stock last traded at $95.59 and had previously closed at $95.35.

iShares Global Healthcare ETF Trading Down 0.1 %

The firm has a market capitalization of $4.12 billion, a PE ratio of 24.61 and a beta of 0.56. The business has a 50-day moving average of $93.13 and a 200 day moving average of $91.34.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IXJ. Fisher Asset Management LLC boosted its holdings in iShares Global Healthcare ETF by 10.5% in the 4th quarter. Fisher Asset Management LLC now owns 5,075,149 shares of the company’s stock valued at $440,117,000 after purchasing an additional 481,619 shares during the period. Sequoia Financial Advisors LLC bought a new position in shares of iShares Global Healthcare ETF during the fourth quarter valued at about $908,000. Eldridge Investment Advisors Inc. raised its position in iShares Global Healthcare ETF by 8.8% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 31,522 shares of the company’s stock valued at $2,734,000 after purchasing an additional 2,550 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in iShares Global Healthcare ETF by 3.4% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 7,190 shares of the company’s stock worth $623,000 after acquiring an additional 238 shares during the period. Finally, Cookson Peirce & Co. Inc. lifted its position in shares of iShares Global Healthcare ETF by 5.6% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 6,092 shares of the company’s stock worth $528,000 after purchasing an additional 322 shares during the period.

iShares Global Healthcare ETF Company Profile

iShares Global Healthcare ETF (the Fund), formerly iShares S&P Global Healthcare Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Healthcare Sector Index (the Index). The Index measures the performance of companies that Standards & Poor’s Financial Services LLC (S&P) deems to be a part of the consumer staples sector of the economy.