Envestnet Asset Management Inc. Has $20 Million Holdings in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Envestnet Asset Management Inc. trimmed its stake in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 232,648 shares of the company’s stock after selling 12,055 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Global Healthcare ETF were worth $20,001,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Beacon Financial Advisory LLC lifted its position in iShares Global Healthcare ETF by 3.3% during the 4th quarter. Beacon Financial Advisory LLC now owns 3,874 shares of the company’s stock valued at $333,000 after purchasing an additional 124 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Global Healthcare ETF by 2.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,404 shares of the company’s stock valued at $465,000 after buying an additional 130 shares during the period. Lynx Investment Advisory boosted its stake in iShares Global Healthcare ETF by 4.6% in the fourth quarter. Lynx Investment Advisory now owns 3,063 shares of the company’s stock valued at $263,000 after acquiring an additional 134 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in iShares Global Healthcare ETF by 6.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 2,606 shares of the company’s stock worth $224,000 after acquiring an additional 157 shares during the period. Finally, Savant Capital LLC grew its position in shares of iShares Global Healthcare ETF by 5.5% during the 4th quarter. Savant Capital LLC now owns 3,225 shares of the company’s stock worth $277,000 after buying an additional 168 shares during the period.

iShares Global Healthcare ETF Price Performance

Shares of NYSEARCA:IXJ opened at $86.82 on Tuesday. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 28.29 and a beta of 0.69. The firm’s 50 day simple moving average is $90.48 and its 200 day simple moving average is $91.08. iShares Global Healthcare ETF has a fifty-two week low of $80.68 and a fifty-two week high of $101.31.

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.