iShares Global Healthcare ETF (NYSEARCA:IXJ) Sees Strong Trading Volume – What’s Next?

Shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) saw unusually-strong trading volume on Monday . Approximately 142,204 shares were traded during trading, an increase of 1% from the previous session’s volume of 141,313 shares.The stock last traded at $91.32 and had previously closed at $90.41.

iShares Global Healthcare ETF Stock Up 0.9 %

The firm has a 50 day moving average price of $95.37 and a 200 day moving average price of $95.16. The stock has a market cap of $3.95 billion, a PE ratio of 24.61 and a beta of 0.56.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Erste Asset Management GmbH acquired a new stake in shares of iShares Global Healthcare ETF in the 3rd quarter worth $25,000. International Assets Investment Management LLC acquired a new position in shares of iShares Global Healthcare ETF during the second quarter valued at about $27,000. Voisard Asset Management Group Inc. acquired a new stake in iShares Global Healthcare ETF in the 3rd quarter worth approximately $38,000. Activest Wealth Management purchased a new stake in iShares Global Healthcare ETF during the 3rd quarter worth approximately $39,000. Finally, Financial Gravity Asset Management Inc. increased its stake in iShares Global Healthcare ETF by 50.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 414 shares of the company’s stock valued at $38,000 after purchasing an additional 138 shares in the last quarter.

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.