Mirae Asset Global Investments Co. Ltd. Sells 10,800 Shares of iShares Global Healthcare ETF $IXJ

Mirae Asset Global Investments Co. Ltd. cut its stake in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 22.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,700 shares of the company’s stock after selling 10,800 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.08% of iShares Global Healthcare ETF worth $3,341,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IXJ. Truist Financial Corp boosted its holdings in iShares Global Healthcare ETF by 6.4% during the third quarter. Truist Financial Corp now owns 26,190 shares of the company’s stock worth $2,321,000 after buying an additional 1,567 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares Global Healthcare ETF by 7.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,524 shares of the company’s stock valued at $509,000 after acquiring an additional 392 shares during the period. First Horizon Corp bought a new position in iShares Global Healthcare ETF during the 3rd quarter worth approximately $106,000. Valmark Advisers Inc. bought a new position in iShares Global Healthcare ETF during the 3rd quarter worth approximately $220,000. Finally, HB Wealth Management LLC acquired a new position in iShares Global Healthcare ETF during the third quarter valued at approximately $203,000.

iShares Global Healthcare ETF Stock Performance

Shares of NYSEARCA:IXJ opened at $99.32 on Tuesday. The company has a 50 day moving average price of $98.21 and a two-hundred day moving average price of $92.40. The company has a market capitalization of $4.75 billion, a PE ratio of 21.58 and a beta of 0.64. iShares Global Healthcare ETF has a 52 week low of $80.68 and a 52 week high of $100.98.

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.