iShares Global Healthcare ETF $IXJ Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 5.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 496,862 shares of the company’s stock after selling 29,295 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Global Healthcare ETF were worth $44,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Triumph Capital Management purchased a new position in iShares Global Healthcare ETF in the 3rd quarter worth $53,000. Allworth Financial LP grew its stake in iShares Global Healthcare ETF by 66.3% during the 3rd quarter. Allworth Financial LP now owns 1,229 shares of the company’s stock valued at $109,000 after purchasing an additional 490 shares during the last quarter. Advisory Services Network LLC increased its holdings in shares of iShares Global Healthcare ETF by 1.6% in the third quarter. Advisory Services Network LLC now owns 8,900 shares of the company’s stock valued at $789,000 after purchasing an additional 144 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of iShares Global Healthcare ETF by 310.5% in the third quarter. Kestra Private Wealth Services LLC now owns 11,665 shares of the company’s stock worth $1,034,000 after purchasing an additional 8,823 shares during the last quarter. Finally, Front Row Advisors LLC raised its stake in shares of iShares Global Healthcare ETF by 12.4% in the third quarter. Front Row Advisors LLC now owns 2,304 shares of the company’s stock worth $204,000 after purchasing an additional 255 shares during the last quarter.

iShares Global Healthcare ETF Stock Down 1.3%

iShares Global Healthcare ETF stock opened at $91.43 on Friday. The stock has a 50-day moving average price of $98.67 and a 200 day moving average price of $95.33. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 21.58 and a beta of 0.64. iShares Global Healthcare ETF has a 52 week low of $80.68 and a 52 week high of $101.78.

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. 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.