iShares Global Healthcare ETF (NYSEARCA:IXJ) Sees Large Volume Increase

Shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) saw an uptick in trading volume on Thursday . 69,673 shares traded hands during mid-day trading, a decline of 56% from the previous session’s volume of 159,675 shares.The stock last traded at $87.49 and had previously closed at $87.64.

iShares Global Healthcare ETF Stock Up 0.4 %

The stock’s fifty day moving average is $91.11 and its two-hundred day moving average is $87.00. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 24.13 and a beta of 0.56.

Institutional Investors Weigh In On iShares Global Healthcare ETF

Hedge funds have recently bought and sold shares of the company. Money Concepts Capital Corp boosted its position in iShares Global Healthcare ETF by 13.8% during the fourth quarter. Money Concepts Capital Corp now owns 988 shares of the company’s stock worth $84,000 after purchasing an additional 120 shares during the period. Apexium Financial LP grew its stake in iShares Global Healthcare ETF by 0.3% in the 3rd quarter. Apexium Financial LP now owns 42,510 shares of the company’s stock valued at $3,504,000 after buying an additional 125 shares during the last quarter. Patron Partners LLC raised its holdings in iShares Global Healthcare ETF by 2.1% in the 3rd quarter. Patron Partners LLC now owns 6,207 shares of the company’s stock valued at $512,000 after acquiring an additional 126 shares during the period. Interchange Capital Partners LLC raised its holdings in iShares Global Healthcare ETF by 2.4% in the 4th quarter. Interchange Capital Partners LLC now owns 5,576 shares of the company’s stock valued at $484,000 after acquiring an additional 133 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in iShares Global Healthcare ETF by 0.7% during the first quarter. Goldman Sachs Group Inc. now owns 20,079 shares of the company’s stock worth $1,759,000 after acquiring an additional 141 shares during the last quarter.

About iShares Global Healthcare ETF

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.