iShares Global Healthcare ETF (NYSEARCA:IXJ) Short Interest Update

iShares Global Healthcare ETF (NYSEARCA:IXJ) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 231,960 shares, a growth of 135.6% from the July 15th total of 98,472 shares. Based on an average trading volume of 151,356 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.6% of the company’s shares are short sold.

iShares Global Healthcare ETF Stock Down 0.6%

Shares of IXJ stock traded down $0.66 during trading hours on Friday, hitting $102.41. 71,075 shares of the company’s stock traded hands, compared to its average volume of 273,934. The stock’s 50 day simple moving average is $98.88 and its 200 day simple moving average is $96.74. The stock has a market cap of $4.18 billion, a PE ratio of 21.58 and a beta of 0.56. iShares Global Healthcare ETF has a 12 month low of $85.36 and a 12 month high of $104.28.

Institutional Trading of iShares Global Healthcare ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fisher Asset Management LLC raised its position in iShares Global Healthcare ETF by 8.0% during the 4th quarter. Fisher Asset Management LLC now owns 8,032,598 shares of the company’s stock worth $782,375,000 after purchasing an additional 592,677 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares Global Healthcare ETF by 6.3% in the 2nd quarter. Bank of America Corp DE now owns 2,539,651 shares of the company’s stock valued at $218,639,000 after buying an additional 150,774 shares during the last quarter. Phoenix Financial Ltd. grew its position in shares of iShares Global Healthcare ETF by 77.2% in the 4th quarter. Phoenix Financial Ltd. now owns 2,124,780 shares of the company’s stock valued at $206,954,000 after buying an additional 925,500 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares Global Healthcare ETF by 5,522.5% in the second quarter. Ameriprise Financial Inc. now owns 915,169 shares of the company’s stock valued at $78,789,000 after buying an additional 898,892 shares during the period. Finally, UBS Group AG increased its stake in shares of iShares Global Healthcare ETF by 0.5% in the fourth quarter. UBS Group AG now owns 267,520 shares of the company’s stock valued at $26,056,000 after buying an additional 1,321 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. It is a subset of the S&P Global 1200 Index. Component companies include healthcare providers, biotechnology companies and manufacturers of medical supplies, advanced medical devices and pharmaceuticals.