iShares Global Healthcare ETF $IXJ Shares Sold by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC lessened its stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 64.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 7,048 shares of the company’s stock after selling 12,909 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares Global Healthcare ETF were worth $659,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IXJ. Nvest Wealth Strategies Inc. purchased a new position in iShares Global Healthcare ETF during the fourth quarter valued at $30,000. Arax Advisory Partners acquired a new position in shares of iShares Global Healthcare ETF during the 4th quarter worth about $31,000. Franklin Resources Inc. raised its position in shares of iShares Global Healthcare ETF by 80.0% during the 2nd quarter. Franklin Resources Inc. now owns 360 shares of the company’s stock worth $31,000 after purchasing an additional 160 shares during the last quarter. LOM Asset Management Ltd lifted its stake in iShares Global Healthcare ETF by 37.0% in the 4th quarter. LOM Asset Management Ltd now owns 407 shares of the company’s stock valued at $40,000 after buying an additional 110 shares in the last quarter. Finally, Capital Investment Counsel Inc purchased a new position in iShares Global Healthcare ETF in the 4th quarter valued at about $42,000.

iShares Global Healthcare ETF Trading Up 1.1%

IXJ stock opened at $101.61 on Wednesday. iShares Global Healthcare ETF has a 12-month low of $82.16 and a 12-month high of $102.20. The business’s 50-day moving average is $94.72 and its 200 day moving average is $96.35. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 21.58 and a beta of 0.57.

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.