Wealthstar Advisors LLC Trims Holdings in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Wealthstar Advisors LLC cut its holdings in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 17.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,926 shares of the company’s stock after selling 631 shares during the quarter. Wealthstar Advisors LLC’s holdings in iShares Global Healthcare ETF were worth $273,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Securities Inc. purchased a new stake in shares of iShares Global Healthcare ETF in the 4th quarter worth about $43,000. CENTRAL TRUST Co purchased a new stake in shares of iShares Global Healthcare ETF in the 4th quarter worth about $48,000. Allworth Financial LP grew its position in shares of iShares Global Healthcare ETF by 1,487.2% in the 4th quarter. Allworth Financial LP now owns 619 shares of the company’s stock worth $54,000 after buying an additional 580 shares during the period. Creekmur Asset Management LLC purchased a new stake in shares of iShares Global Healthcare ETF in the 4th quarter worth about $115,000. Finally, Wharton Business Group LLC bought a new position in iShares Global Healthcare ETF in the 4th quarter worth about $208,000.

iShares Global Healthcare ETF Price Performance

iShares Global Healthcare ETF stock traded down $0.52 during mid-day trading on Thursday, reaching $91.63. The stock had a trading volume of 72,992 shares, compared to its average volume of 142,679. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 24.61 and a beta of 0.56. The company has a 50-day moving average price of $92.01 and a two-hundred day moving average price of $90.54. iShares Global Healthcare ETF has a one year low of $77.96 and a one year high of $94.33.

iShares Global Healthcare ETF 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.