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

iShares Global Healthcare ETF (NYSEARCA:IXJ) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 79,533 shares, a decline of 65.7% from the July 30th total of 231,960 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 121,254 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares Global Healthcare ETF

A number of hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC raised its stake in shares of iShares Global Healthcare ETF by 1.7% in the fourth quarter. Integrated Wealth Concepts LLC now owns 5,871 shares of the company’s stock valued at $572,000 after acquiring an additional 99 shares in the last quarter. Farther Finance Advisors LLC increased its stake in iShares Global Healthcare ETF by 35.6% in the fourth quarter. Farther Finance Advisors LLC now owns 484 shares of the company’s stock valued at $47,000 after purchasing an additional 127 shares during the period. Captrust Financial Advisors lifted its holdings in shares of iShares Global Healthcare ETF by 1.0% during the second quarter. Captrust Financial Advisors now owns 12,948 shares of the company’s stock worth $1,115,000 after purchasing an additional 129 shares during the period. Advisory Services Network LLC increased its position in iShares Global Healthcare ETF by 1.6% during the 3rd quarter. Advisory Services Network LLC now owns 8,900 shares of the company’s stock worth $789,000 after purchasing an additional 144 shares during the period. Finally, Franklin Resources Inc. raised its position in iShares Global Healthcare ETF by 80.0% in the second quarter. Franklin Resources Inc. now owns 360 shares of the company’s stock worth $31,000 after acquiring an additional 160 shares in the last quarter.

iShares Global Healthcare ETF Price Performance

IXJ traded down $0.40 on Friday, reaching $104.77. 38,428 shares of the company’s stock were exchanged, compared to its average volume of 273,995. The stock’s fifty day moving average price is $100.81 and its 200-day moving average price is $97.14. The stock has a market cap of $4.28 billion, a PE ratio of 21.58 and a beta of 0.56. iShares Global Healthcare ETF has a twelve month low of $85.36 and a twelve month high of $107.68.

iShares Global Healthcare ETF Company 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.