Northwestern Mutual Wealth Management Co. Buys 5,666 Shares of iShares Global Healthcare ETF $IXJ

Northwestern Mutual Wealth Management Co. increased its stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 32.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 23,388 shares of the company’s stock after purchasing an additional 5,666 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Global Healthcare ETF were worth $2,278,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of IXJ. NewEdge Advisors LLC raised its holdings in iShares Global Healthcare ETF by 1,036.3% in the 1st quarter. NewEdge Advisors LLC now owns 2,534 shares of the company’s stock worth $231,000 after purchasing an additional 2,311 shares during the period. Franklin Resources Inc. raised its holdings in iShares Global Healthcare ETF by 80.0% in the 2nd quarter. Franklin Resources Inc. now owns 360 shares of the company’s stock worth $31,000 after purchasing an additional 160 shares during the period. Hsbc Holdings PLC bought a new position in iShares Global Healthcare ETF in the 2nd quarter worth $285,000. Cerity Partners LLC raised its holdings in iShares Global Healthcare ETF by 3.5% in the 2nd quarter. Cerity Partners LLC now owns 5,086 shares of the company’s stock worth $438,000 after purchasing an additional 172 shares during the period. Finally, Qube Research & Technologies Ltd bought a new position in iShares Global Healthcare ETF in the 2nd quarter worth $957,000.

iShares Global Healthcare ETF Stock Performance

Shares of iShares Global Healthcare ETF stock opened at $95.63 on Friday. iShares Global Healthcare ETF has a one year low of $82.16 and a one year high of $101.78. The stock’s fifty day moving average is $93.48 and its 200 day moving average is $96.37. The stock has a market cap of $3.72 billion, a P/E ratio of 21.58 and a beta of 0.58.

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.