iShares Global Healthcare ETF $IXJ Shares Newly Purchased by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. bought a new stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 23,648 shares of the company’s stock, valued at approximately $2,415,000.

Several other large investors have also recently bought and sold shares of the company. RMG Wealth Management LLC acquired a new stake in shares of iShares Global Healthcare ETF during the first quarter valued at about $47,000. Titan Wealth CI Ltd acquired a new position in shares of iShares Global Healthcare ETF in the fourth quarter valued at approximately $92,000. Allworth Financial LP increased its stake in shares of iShares Global Healthcare ETF by 9.9% in the second quarter. Allworth Financial LP now owns 1,674 shares of the company’s stock valued at $165,000 after buying an additional 151 shares during the period. World Investment Advisors acquired a new position in shares of iShares Global Healthcare ETF in the fourth quarter valued at approximately $200,000. Finally, Waverly Advisors LLC bought a new position in iShares Global Healthcare ETF in the 1st quarter valued at approximately $201,000.

iShares Global Healthcare ETF Price Performance

Shares of NYSEARCA IXJ opened at $105.06 on Thursday. The company has a 50 day simple moving average of $103.46 and a 200 day simple moving average of $98.45. The firm has a market cap of $4.44 billion, a PE ratio of 21.58 and a beta of 0.55. iShares Global Healthcare ETF has a 1 year low of $90.28 and a 1 year high of $107.68.

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.