iShares Global Healthcare ETF (NYSEARCA:IXJ) Sees Large Volume Increase – Here’s What Happened

iShares Global Healthcare ETF (NYSEARCA:IXJ) saw strong trading volume on Monday . 105,544 shares were traded during trading, a decline of 45% from the previous session’s volume of 192,729 shares.The stock last traded at $98.1710 and had previously closed at $98.72.

iShares Global Healthcare ETF Price Performance

The business has a 50-day moving average of $92.59 and a 200-day moving average of $88.40. The company has a market capitalization of $4.38 billion, a P/E ratio of 21.58 and a beta of 0.64.

Hedge Funds Weigh In On iShares Global Healthcare ETF

A number of large investors have recently made changes to their positions in IXJ. Captrust Financial Advisors lifted its stake in shares of iShares Global Healthcare ETF by 1.0% during the second quarter. Captrust Financial Advisors now owns 12,948 shares of the company’s stock worth $1,115,000 after buying an additional 129 shares during the period. Anchor Investment Management LLC boosted its holdings in shares of iShares Global Healthcare ETF by 1.7% in the 1st quarter. Anchor Investment Management LLC now owns 7,653 shares of the company’s stock valued at $698,000 after acquiring an additional 130 shares during the last quarter. KCM Investment Advisors LLC lifted its holdings in shares of iShares Global Healthcare ETF by 3.1% in the 3rd quarter. KCM Investment Advisors LLC now owns 4,773 shares of the company’s stock valued at $423,000 after buying an additional 144 shares during the period. Advisory Services Network LLC raised its position in iShares Global Healthcare ETF by 1.6% during the third quarter. Advisory Services Network LLC now owns 8,900 shares of the company’s stock valued at $789,000 after acquiring an additional 144 shares in the last quarter. Finally, Cary Street Partners Financial LLC lifted its holdings in iShares Global Healthcare ETF by 3.5% in the first quarter. Cary Street Partners Financial LLC now owns 4,377 shares of the company’s stock valued at $399,000 after acquiring an additional 148 shares during the period.

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.