Royal Fund Management LLC Invests $14.51 Million in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Royal Fund Management LLC purchased a new stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) in the third quarter, HoldingsChannel reports. The firm purchased 147,802 shares of the company’s stock, valued at approximately $14,508,000. iShares Global Healthcare ETF accounts for approximately 0.9% of Royal Fund Management LLC’s investment portfolio, making the stock its 23rd biggest position.

Several other institutional investors have also recently bought and sold shares of the stock. Family Firm Inc. boosted its position in iShares Global Healthcare ETF by 0.6% in the 2nd quarter. Family Firm Inc. now owns 16,570 shares of the company’s stock valued at $1,538,000 after buying an additional 106 shares during the last quarter. Blair William & Co. IL boosted its holdings in iShares Global Healthcare ETF by 3.7% in the first quarter. Blair William & Co. IL now owns 3,610 shares of the company’s stock valued at $336,000 after acquiring an additional 128 shares during the last quarter. ASB Consultores LLC boosted its holdings in iShares Global Healthcare ETF by 4.1% in the second quarter. ASB Consultores LLC now owns 3,442 shares of the company’s stock valued at $320,000 after acquiring an additional 134 shares during the last quarter. Financial Gravity Asset Management Inc. increased its position in iShares Global Healthcare ETF by 50.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 414 shares of the company’s stock worth $38,000 after purchasing an additional 138 shares during the period. Finally, Interchange Capital Partners LLC lifted its position in iShares Global Healthcare ETF by 2.9% during the 2nd quarter. Interchange Capital Partners LLC now owns 6,123 shares of the company’s stock valued at $568,000 after purchasing an additional 171 shares during the period.

iShares Global Healthcare ETF Price Performance

Shares of NYSEARCA IXJ traded up $0.06 during mid-day trading on Wednesday, hitting $96.63. The company’s stock had a trading volume of 3,856 shares, compared to its average volume of 141,096. iShares Global Healthcare ETF has a one year low of $77.96 and a one year high of $101.31. The company’s fifty day simple moving average is $98.19 and its 200-day simple moving average is $94.20. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 24.61 and a beta of 0.56.

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.