Private Advisor Group LLC Cuts Stake in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Private Advisor Group LLC cut its holdings in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 1.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,415 shares of the company’s stock after selling 144 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Global Healthcare ETF were worth $781,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Principal Securities Inc. purchased a new position in iShares Global Healthcare ETF in the 4th quarter worth $43,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Global Healthcare ETF by 8.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 4,966 shares of the company’s stock worth $431,000 after buying an additional 390 shares during the period. Financial Advocates Investment Management purchased a new position in shares of iShares Global Healthcare ETF in the fourth quarter worth about $460,000. UBS Group AG lifted its stake in shares of iShares Global Healthcare ETF by 0.8% in the 4th quarter. UBS Group AG now owns 293,787 shares of the company’s stock valued at $25,477,000 after acquiring an additional 2,320 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in iShares Global Healthcare ETF by 13.5% during the 4th quarter. Wells Fargo & Company MN now owns 169,898 shares of the company’s stock valued at $14,734,000 after acquiring an additional 20,272 shares during the period.

iShares Global Healthcare ETF Price Performance

Shares of iShares Global Healthcare ETF stock opened at $100.30 on Tuesday. iShares Global Healthcare ETF has a one year low of $77.96 and a one year high of $101.31. The business’s 50 day simple moving average is $97.23 and its two-hundred day simple moving average is $93.57. The stock has a market capitalization of $4.34 billion, a P/E ratio of 24.61 and a beta of 0.56.

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.