Slow Capital Inc. Cuts Stake in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Slow Capital Inc. lessened its holdings in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,161 shares of the company’s stock after selling 528 shares during the period. Slow Capital Inc.’s holdings in iShares Global Healthcare ETF were worth $1,389,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IXJ. Marshall Wace LLP acquired a new position in iShares Global Healthcare ETF during the 2nd quarter worth approximately $1,144,000. Lighthouse Investment Partners LLC purchased a new position in iShares Global Healthcare ETF in the second quarter valued at $331,000. Susquehanna International Group LLP raised its stake in iShares Global Healthcare ETF by 319.9% in the second quarter. Susquehanna International Group LLP now owns 105,859 shares of the company’s stock valued at $9,828,000 after buying an additional 80,649 shares in the last quarter. Creative Planning lifted its holdings in iShares Global Healthcare ETF by 5.0% during the 2nd quarter. Creative Planning now owns 15,591 shares of the company’s stock worth $1,447,000 after buying an additional 741 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Global Healthcare ETF by 2.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 36,468 shares of the company’s stock worth $3,386,000 after acquiring an additional 962 shares in the last quarter.

iShares Global Healthcare ETF Stock Performance

Shares of NYSEARCA IXJ opened at $91.98 on Tuesday. The stock’s 50-day simple moving average is $88.67 and its 200-day simple moving average is $93.86. The firm has a market capitalization of $3.98 billion, a PE ratio of 24.61 and a beta of 0.56. iShares Global Healthcare ETF has a fifty-two week low of $85.21 and a fifty-two week high of $101.31.

iShares Global Healthcare ETF 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.