Fosun International Ltd Takes Position in iShares Global Healthcare ETF $IXJ

Fosun International Ltd acquired a new stake in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,461 shares of the company’s stock, valued at approximately $630,000. iShares Global Healthcare ETF comprises approximately 0.1% of Fosun International Ltd’s holdings, making the stock its 26th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IXJ. J.W. Cole Advisors Inc. raised its stake in shares of iShares Global Healthcare ETF by 18.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 4,913 shares of the company’s stock valued at $478,000 after buying an additional 751 shares during the last quarter. Transatlantique Private Wealth LLC lifted its holdings in shares of iShares Global Healthcare ETF by 18.7% in the 4th quarter. Transatlantique Private Wealth LLC now owns 39,718 shares of the company’s stock valued at $3,869,000 after buying an additional 6,250 shares during the period. Viawealth LLC acquired a new position in shares of iShares Global Healthcare ETF in the 4th quarter valued at about $1,142,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Global Healthcare ETF by 32.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,388 shares of the company’s stock valued at $2,278,000 after buying an additional 5,666 shares during the period. Finally, Harbour Investments Inc. lifted its holdings in shares of iShares Global Healthcare ETF by 578.1% in the 4th quarter. Harbour Investments Inc. now owns 15,989 shares of the company’s stock valued at $1,557,000 after buying an additional 13,631 shares during the period.

iShares Global Healthcare ETF Stock Up 3.0%

Shares of IXJ stock opened at $95.08 on Friday. The stock has a market cap of $3.70 billion, a PE ratio of 21.58 and a beta of 0.58. The business has a 50-day simple moving average of $93.43 and a 200-day simple moving average of $96.38. iShares Global Healthcare ETF has a 52-week low of $82.16 and a 52-week high of $101.78.

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.