JPMorgan Chase & Co. Cuts Stock Position in iShares Global Healthcare ETF $IXJ

JPMorgan Chase & Co. cut its holdings in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 5.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 496,862 shares of the company’s stock after selling 29,295 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.11% of iShares Global Healthcare ETF worth $44,032,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IXJ. Ameriprise Financial Inc. grew its position in shares of iShares Global Healthcare ETF by 5,522.5% during the second quarter. Ameriprise Financial Inc. now owns 915,169 shares of the company’s stock worth $78,789,000 after purchasing an additional 898,892 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in iShares Global Healthcare ETF by 7.8% in the 3rd quarter. Fisher Asset Management LLC now owns 7,439,921 shares of the company’s stock worth $659,326,000 after purchasing an additional 536,127 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares Global Healthcare ETF by 6.3% in the 2nd quarter. Bank of America Corp DE now owns 2,539,651 shares of the company’s stock worth $218,639,000 after purchasing an additional 150,774 shares during the period. Flow Traders U.S. LLC bought a new position in iShares Global Healthcare ETF in the 3rd quarter worth approximately $4,614,000. Finally, Hamilton Wealth LLC purchased a new stake in iShares Global Healthcare ETF during the 3rd quarter valued at approximately $4,389,000.

iShares Global Healthcare ETF Price Performance

iShares Global Healthcare ETF stock opened at $91.43 on Friday. iShares Global Healthcare ETF has a 1 year low of $80.68 and a 1 year high of $101.78. The stock has a market cap of $4.28 billion, a P/E ratio of 21.58 and a beta of 0.64. The firm’s 50 day moving average price is $98.67 and its 200-day moving average price is $95.33.

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. It is a subset of the S&P Global 1200 Index. Component companies include healthcare providers, biotechnology companies and manufacturers of medical supplies, advanced medical devices and pharmaceuticals.