HighTower Advisors LLC Raises Stock Position in iShares Global Healthcare ETF $IXJ

HighTower Advisors LLC grew its stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 4.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 137,560 shares of the company’s stock after buying an additional 6,444 shares during the period. HighTower Advisors LLC’s holdings in iShares Global Healthcare ETF were worth $12,191,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IXJ. Hantz Financial Services Inc. purchased a new stake in iShares Global Healthcare ETF in the second quarter valued at $31,000. Franklin Resources Inc. increased its position in shares of iShares Global Healthcare ETF by 80.0% during the second quarter. Franklin Resources Inc. now owns 360 shares of the company’s stock worth $31,000 after purchasing an additional 160 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of iShares Global Healthcare ETF in the 2nd quarter valued at about $39,000. Strengthening Families & Communities LLC acquired a new stake in shares of iShares Global Healthcare ETF in the 3rd quarter valued at about $40,000. Finally, Financial Consulate Inc. acquired a new stake in shares of iShares Global Healthcare ETF in the 3rd quarter valued at about $44,000.

iShares Global Healthcare ETF Stock Down 0.3%

NYSEARCA:IXJ opened at $100.45 on Friday. The stock’s 50 day moving average price is $98.99 and its 200 day moving average price is $93.74. The company has a market capitalization of $4.70 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 $101.74.

iShares Global Healthcare ETF Company 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. It is a subset of the S&P Global 1200 Index. Component companies include healthcare providers, biotechnology companies and manufacturers of medical supplies, advanced medical devices and pharmaceuticals.