Marotta Asset Management Decreases Stock Position in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Marotta Asset Management trimmed its holdings in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,570 shares of the company’s stock after selling 746 shares during the period. Marotta Asset Management owned approximately 0.05% of iShares Global Healthcare ETF worth $1,941,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Erste Asset Management GmbH bought a new stake in iShares Global Healthcare ETF in the 3rd quarter worth about $25,000. Voisard Asset Management Group Inc. purchased a new stake in shares of iShares Global Healthcare ETF during the 3rd quarter valued at about $38,000. Activest Wealth Management bought a new stake in shares of iShares Global Healthcare ETF in the third quarter worth approximately $39,000. Arrow Financial Corp purchased a new position in shares of iShares Global Healthcare ETF during the third quarter valued at approximately $41,000. Finally, Blue Trust Inc. lifted its position in iShares Global Healthcare ETF by 144.9% during the third quarter. Blue Trust Inc. now owns 1,793 shares of the company’s stock valued at $166,000 after purchasing an additional 1,061 shares during the period.

iShares Global Healthcare ETF Trading Down 0.2 %

NYSEARCA:IXJ traded down $0.16 during trading hours on Friday, reaching $87.43. The company had a trading volume of 27,435 shares, compared to its average volume of 100,550. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 24.61 and a beta of 0.56. The firm’s 50 day moving average price is $89.71 and its 200-day moving average price is $94.21. iShares Global Healthcare ETF has a 52 week low of $85.21 and a 52 week high of $101.31.

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.