iShares Neuroscience and Healthcare ETF (NYSEARCA:IBRN) Shares Up 0.5% – Here’s Why

iShares Neuroscience and Healthcare ETF (NYSEARCA:IBRN) shot up 0.5% during mid-day trading on Wednesday . The stock traded as high as $23.81 and last traded at $23.81. 336 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 601 shares. The stock had previously closed at $23.68.

iShares Neuroscience and Healthcare ETF Stock Performance

The firm has a market cap of $3.57 million, a P/E ratio of 28.31 and a beta of 0.72. The firm has a fifty day moving average of $25.19 and a 200-day moving average of $25.76.

Institutional Trading of iShares Neuroscience and Healthcare ETF

An institutional investor recently bought a new position in iShares Neuroscience and Healthcare ETF stock. Jane Street Group LLC purchased a new position in iShares Neuroscience and Healthcare ETF (NYSEARCA:IBRN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,150 shares of the company’s stock, valued at approximately $254,000. Jane Street Group LLC owned about 6.77% of iShares Neuroscience and Healthcare ETF at the end of the most recent quarter.

iShares Neuroscience and Healthcare ETF Company Profile

The iShares Neuroscience and Healthcare ETF (IBRN) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market cap-weighted index that provides global equity exposure to companies that are positioned to benefit from neuroscience advancements. The index may hold securities from large- to small-cap.