iShares Global Healthcare ETF (NYSEARCA:IXJ) Position Decreased by SVB Wealth LLC

SVB Wealth LLC trimmed its position in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 7.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,348 shares of the company’s stock after selling 553 shares during the period. SVB Wealth LLC’s holdings in iShares Global Healthcare ETF were worth $637,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IXJ. FCA Corp TX boosted its holdings in shares of iShares Global Healthcare ETF by 0.6% in the first quarter. FCA Corp TX now owns 50,641 shares of the company’s stock worth $4,437,000 after buying an additional 279 shares during the period. UBS Group AG boosted its holdings in shares of iShares Global Healthcare ETF by 5.5% in the first quarter. UBS Group AG now owns 230,560 shares of the company’s stock worth $20,202,000 after buying an additional 12,000 shares during the period. Atria Wealth Solutions Inc. acquired a new position in shares of iShares Global Healthcare ETF in the first quarter worth about $570,000. Goldman Sachs Group Inc. boosted its holdings in shares of iShares Global Healthcare ETF by 0.7% in the first quarter. Goldman Sachs Group Inc. now owns 20,079 shares of the company’s stock worth $1,759,000 after buying an additional 141 shares during the period. Finally, 1832 Asset Management L.P. acquired a new position in shares of iShares Global Healthcare ETF in the first quarter worth about $78,000.

iShares Global Healthcare ETF Price Performance

Shares of IXJ opened at $87.74 on Friday. The company has a 50-day moving average of $91.11 and a two-hundred day moving average of $87.00. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 24.13 and a beta of 0.56. iShares Global Healthcare ETF has a one year low of $77.96 and a one year high of $93.37.

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.