iShares Global Healthcare ETF (NYSEARCA:IXJ) Sees Large Volume Increase

Shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) saw unusually-high trading volume on Thursday . Approximately 69,673 shares changed hands during trading, a decline of 56% from the previous session’s volume of 159,675 shares.The stock last traded at $87.49 and had previously closed at $87.64.

iShares Global Healthcare ETF Stock Performance

The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 24.13 and a beta of 0.56. The firm’s 50-day moving average price is $91.11 and its two-hundred day moving average price is $87.00.

Institutional Investors Weigh In On iShares Global Healthcare ETF

Several large investors have recently modified their holdings of the stock. Fisher Asset Management LLC increased its position in shares of iShares Global Healthcare ETF by 10.5% during the 4th quarter. Fisher Asset Management LLC now owns 5,075,149 shares of the company’s stock worth $440,117,000 after purchasing an additional 481,619 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in shares of iShares Global Healthcare ETF during the third quarter worth approximately $29,170,000. BlackRock Inc. increased its holdings in shares of iShares Global Healthcare ETF by 0.9% during the first quarter. BlackRock Inc. now owns 15,336,216 shares of the company’s stock worth $1,278,427,000 after buying an additional 135,152 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Global Healthcare ETF by 16.8% in the third quarter. JPMorgan Chase & Co. now owns 786,677 shares of the company’s stock valued at $64,838,000 after acquiring an additional 113,286 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of iShares Global Healthcare ETF by 757.3% in the 2nd quarter. Goldman Sachs Group Inc. now owns 112,406 shares of the company’s stock worth $9,553,000 after acquiring an additional 99,295 shares in the last quarter.

About iShares Global Healthcare ETF

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.