iShares Global Healthcare ETF $IXJ Stock: Royal Fund Management LLC Increases Holdings

Royal Fund Management LLC increased its stake in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,993 shares of the company’s stock after acquiring an additional 4,668 shares during the quarter. Royal Fund Management LLC owned about 0.24% of iShares Global Healthcare ETF worth $10,416,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IXJ. Envestnet Asset Management Inc. boosted its holdings in iShares Global Healthcare ETF by 45.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 148,494 shares of the company’s stock valued at $14,609,000 after purchasing an additional 46,194 shares during the period. FCA Corp TX grew its position in iShares Global Healthcare ETF by 1.3% in the 1st quarter. FCA Corp TX now owns 51,406 shares of the company’s stock worth $4,809,000 after purchasing an additional 678 shares during the last quarter. Farther Finance Advisors LLC grew its position in iShares Global Healthcare ETF by 6.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 40,368 shares of the company’s stock worth $4,122,000 after purchasing an additional 2,591 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in shares of iShares Global Healthcare ETF by 8.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 32,703 shares of the company’s stock worth $3,300,000 after purchasing an additional 2,507 shares during the period. Finally, Meridian Investment Counsel Inc. bought a new position in shares of iShares Global Healthcare ETF during the 3rd quarter worth about $2,415,000.

iShares Global Healthcare ETF Stock Performance

NYSEARCA:IXJ opened at $110.35 on Friday. The firm’s 50-day moving average is $104.11 and its 200-day moving average is $99.08. The company has a market cap of $4.66 billion, a price-to-earnings ratio of 21.58 and a beta of 0.55. iShares Global Healthcare ETF has a 52-week low of $90.28 and a 52-week high of $110.78.

iShares Global Healthcare ETF 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. 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.