JPMorgan Chase & Co. Reduces Stock Position in iShares Global Healthcare ETF $IXJ

JPMorgan Chase & Co. cut its stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 0.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 526,157 shares of the company’s stock after selling 3,581 shares during the quarter. JPMorgan Chase & Co. owned about 1.21% of iShares Global Healthcare ETF worth $45,297,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its stake in iShares Global Healthcare ETF by 8.0% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 13,361 shares of the company’s stock worth $1,150,000 after purchasing an additional 995 shares during the period. Cetera Investment Advisers lifted its stake in iShares Global Healthcare ETF by 1.9% in the 2nd quarter. Cetera Investment Advisers now owns 37,103 shares of the company’s stock worth $3,194,000 after purchasing an additional 705 shares in the last quarter. Family Firm Inc. boosted its holdings in iShares Global Healthcare ETF by 4.5% in the 2nd quarter. Family Firm Inc. now owns 22,381 shares of the company’s stock valued at $1,927,000 after purchasing an additional 955 shares during the period. SBI Securities Co. Ltd. grew its position in shares of iShares Global Healthcare ETF by 10.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,896 shares of the company’s stock valued at $249,000 after purchasing an additional 272 shares in the last quarter. Finally, Allworth Financial LP grew its position in shares of iShares Global Healthcare ETF by 1,747.5% during the 2nd quarter. Allworth Financial LP now owns 739 shares of the company’s stock valued at $64,000 after purchasing an additional 699 shares in the last quarter.

iShares Global Healthcare ETF Stock Performance

Shares of IXJ stock opened at $98.72 on Monday. The company has a market capitalization of $4.42 billion, a PE ratio of 21.58 and a beta of 0.64. iShares Global Healthcare ETF has a 52-week low of $80.68 and a 52-week high of $99.39. The business’s fifty day moving average is $92.59 and its 200 day moving average is $88.40.

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.