Fosun International Ltd Makes New Investment in iShares Global Healthcare ETF $IXJ

Fosun International Ltd acquired a new position in iShares Global Healthcare ETF (NYSEARCA:IXJ) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,461 shares of the company’s stock, valued at approximately $630,000. iShares Global Healthcare ETF accounts for about 0.1% of Fosun International Ltd’s portfolio, making the stock its 26th largest holding.

Other large investors have also modified their holdings of the company. LOM Asset Management Ltd acquired a new position in shares of iShares Global Healthcare ETF in the third quarter worth about $26,000. Nvest Wealth Strategies Inc. acquired a new position in shares of iShares Global Healthcare ETF in the fourth quarter worth about $30,000. Franklin Resources Inc. raised its position in shares of iShares Global Healthcare ETF by 80.0% in the second quarter. Franklin Resources Inc. now owns 360 shares of the company’s stock worth $31,000 after acquiring an additional 160 shares during the period. Capital Investment Counsel Inc acquired a new position in shares of iShares Global Healthcare ETF in the fourth quarter worth about $42,000. Finally, Farther Finance Advisors LLC raised its position in shares of iShares Global Healthcare ETF by 35.6% in the fourth quarter. Farther Finance Advisors LLC now owns 484 shares of the company’s stock worth $47,000 after acquiring an additional 127 shares during the period.

iShares Global Healthcare ETF Stock Performance

Shares of iShares Global Healthcare ETF stock opened at $95.08 on Friday. The firm has a 50-day simple moving average of $93.43 and a two-hundred day simple moving average of $96.38. The company has a market cap of $3.70 billion, a P/E ratio of 21.58 and a beta of 0.58. iShares Global Healthcare ETF has a fifty-two week low of $82.16 and a fifty-two week high of $101.78.

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. 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.