Equity Investment Corp Buys 20,556 Shares of iShares Global Healthcare ETF $IXJ

Equity Investment Corp bought a new position in iShares Global Healthcare ETF (NYSEARCA:IXJ) in the third quarter, Holdings Channel.com reports. The firm bought 20,556 shares of the company’s stock, valued at approximately $2,099,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in iShares Global Healthcare ETF by 45.2% during 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 last quarter. Royal Fund Management LLC raised its stake in shares of iShares Global Healthcare ETF by 4.8% in the third quarter. Royal Fund Management LLC now owns 101,993 shares of the company’s stock worth $10,416,000 after purchasing an additional 4,668 shares during the last quarter. Miller Howard Investments Inc. NY purchased a new position in shares of iShares Global Healthcare ETF in the third quarter worth about $8,796,000. Commonwealth Equity Services LLC purchased a new position in shares of iShares Global Healthcare ETF in the third quarter worth about $8,753,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares Global Healthcare ETF in the third quarter worth about $4,881,000.

iShares Global Healthcare ETF Stock Up 0.0%

iShares Global Healthcare ETF stock opened at $114.97 on Wednesday. iShares Global Healthcare ETF has a 52 week low of $90.28 and a 52 week high of $116.89. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 21.58 and a beta of 0.53. The stock has a 50-day moving average price of $105.90 and a 200 day moving average price of $99.53.

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.