Ipsen Advisor Group LLC Makes New Investment in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Ipsen Advisor Group LLC purchased a new stake in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 10,859 shares of the company’s stock, valued at approximately $934,000.

Several other institutional investors also recently modified their holdings of the business. Erste Asset Management GmbH purchased a new position in iShares Global Healthcare ETF in the 3rd quarter worth about $25,000. Avior Wealth Management LLC purchased a new position in shares of iShares Global Healthcare ETF during the fourth quarter valued at approximately $36,000. Capital Investment Counsel Inc purchased a new stake in iShares Global Healthcare ETF in the fourth quarter worth approximately $37,000. IFP Advisors Inc grew its position in iShares Global Healthcare ETF by 319.1% in the 4th quarter. IFP Advisors Inc now owns 1,073 shares of the company’s stock worth $92,000 after purchasing an additional 817 shares during the period. Finally, LFA Lugano Financial Advisors SA raised its stake in iShares Global Healthcare ETF by 193.3% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 1,660 shares of the company’s stock valued at $143,000 after buying an additional 1,094 shares during the last quarter.

iShares Global Healthcare ETF Price Performance

NYSEARCA IXJ opened at $91.29 on Wednesday. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 28.77 and a beta of 0.65. iShares Global Healthcare ETF has a 1-year low of $85.21 and a 1-year high of $101.31. The business’s fifty day moving average price is $91.34 and its 200-day moving average price is $92.33.

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.