Pure Financial Advisors LLC Invests $599,000 in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Pure Financial Advisors LLC acquired a new stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,972 shares of the company’s stock, valued at approximately $599,000.

Several other institutional investors and hedge funds have also bought and sold shares of IXJ. Fisher Asset Management LLC lifted its position in shares of iShares Global Healthcare ETF by 7.0% during the 3rd quarter. Fisher Asset Management LLC now owns 5,183,701 shares of the company’s stock valued at $508,832,000 after buying an additional 338,690 shares during the last quarter. Bank of Montreal Can raised its stake in iShares Global Healthcare ETF by 225.4% in the 2nd quarter. Bank of Montreal Can now owns 209,279 shares of the company’s stock valued at $19,630,000 after acquiring an additional 144,962 shares during the period. Royal Fund Management LLC purchased a new stake in iShares Global Healthcare ETF during the third quarter valued at about $14,508,000. HighTower Advisors LLC boosted its position in iShares Global Healthcare ETF by 0.9% during the third quarter. HighTower Advisors LLC now owns 121,926 shares of the company’s stock worth $11,975,000 after purchasing an additional 1,145 shares during the period. Finally, Barclays PLC increased its stake in shares of iShares Global Healthcare ETF by 0.4% in the third quarter. Barclays PLC now owns 116,260 shares of the company’s stock worth $11,412,000 after purchasing an additional 500 shares in the last quarter.

iShares Global Healthcare ETF Stock Up 1.9 %

NYSEARCA IXJ opened at $88.75 on Wednesday. The company’s 50 day moving average is $88.82 and its 200-day moving average is $93.96. The firm has a market cap of $3.84 billion, a P/E ratio of 24.61 and a beta of 0.56. iShares Global Healthcare ETF has a 12-month low of $85.21 and a 12-month 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.