Royal Fund Management LLC Sells 68,402 Shares of iShares Global Healthcare ETF (NYSEARCA:IXJ)

Royal Fund Management LLC reduced its position in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 46.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,400 shares of the company’s stock after selling 68,402 shares during the quarter. Royal Fund Management LLC owned approximately 0.18% of iShares Global Healthcare ETF worth $6,839,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Park Avenue Securities LLC bought a new position in iShares Global Healthcare ETF in the fourth quarter worth $1,610,000. Blue Trust Inc. lifted its holdings in shares of iShares Global Healthcare ETF by 144.9% during the third quarter. Blue Trust Inc. now owns 1,793 shares of the company’s stock valued at $166,000 after acquiring an additional 1,061 shares during the period. Raymond James & Associates lifted its holdings in shares of iShares Global Healthcare ETF by 3.5% during the third quarter. Raymond James & Associates now owns 66,445 shares of the company’s stock valued at $6,522,000 after acquiring an additional 2,223 shares during the period. FMR LLC lifted its holdings in shares of iShares Global Healthcare ETF by 10.7% during the third quarter. FMR LLC now owns 13,087 shares of the company’s stock valued at $1,285,000 after acquiring an additional 1,269 shares during the period. Finally, Creative Planning lifted its holdings in shares of iShares Global Healthcare ETF by 5.0% during the second quarter. Creative Planning now owns 15,591 shares of the company’s stock valued at $1,447,000 after acquiring an additional 741 shares during the period.

iShares Global Healthcare ETF Stock Performance

Shares of NYSEARCA IXJ opened at $87.07 on Tuesday. The stock has a market cap of $3.77 billion, a PE ratio of 24.61 and a beta of 0.56. The business has a fifty day moving average of $88.95 and a two-hundred day moving average of $93.99. iShares Global Healthcare ETF has a 52-week low of $85.21 and a 52-week high of $101.31.

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.