Readystate Asset Management LP Invests $732,000 in iShares Global Healthcare ETF $IXJ

Readystate Asset Management LP acquired a new stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 7,822 shares of the company’s stock, valued at approximately $732,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Waverly Advisors LLC acquired a new position in iShares Global Healthcare ETF during the first quarter worth about $201,000. FCA Corp TX increased its stake 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 valued at $4,809,000 after purchasing an additional 678 shares in the last quarter. RMG Wealth Management LLC acquired a new position in iShares Global Healthcare ETF during the first quarter worth $47,000. PNC Financial Services Group Inc. boosted its position in iShares Global Healthcare ETF by 5.8% during the first quarter. PNC Financial Services Group Inc. now owns 9,142 shares of the company’s stock worth $855,000 after purchasing an additional 505 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in iShares Global Healthcare ETF by 30.8% during the first quarter. Bessemer Group Inc. now owns 3,365 shares of the company’s stock worth $314,000 after purchasing an additional 792 shares in the last quarter.

iShares Global Healthcare ETF Stock Performance

Shares of NYSEARCA:IXJ opened at $102.43 on Thursday. The business’s fifty day moving average price is $97.04 and its two-hundred day moving average price is $96.52. iShares Global Healthcare ETF has a one year low of $82.16 and a one year high of $103.40. The stock has a market cap of $4.16 billion, a PE ratio of 21.58 and a beta of 0.57.

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.