IFP Advisors Inc Increases Stock Position in iShares Global Healthcare ETF (NYSEARCA:IXJ)

IFP Advisors Inc increased its position in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 319.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,073 shares of the company’s stock after acquiring an additional 817 shares during the period. IFP Advisors Inc’s holdings in iShares Global Healthcare ETF were worth $92,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in IXJ. Wealth Enhancement Advisory Services LLC raised its holdings in iShares Global Healthcare ETF by 69.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,274 shares of the company’s stock worth $518,000 after acquiring an additional 2,169 shares during the last quarter. Guidance Point Advisors LLC purchased a new stake in iShares Global Healthcare ETF during the 3rd quarter valued at $234,000. Arrow Financial Corp purchased a new stake in iShares Global Healthcare ETF during the 3rd quarter valued at $41,000. Lynx Investment Advisory raised its stake in iShares Global Healthcare ETF by 7.4% during the 3rd quarter. Lynx Investment Advisory now owns 2,929 shares of the company’s stock valued at $288,000 after buying an additional 203 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its stake in iShares Global Healthcare ETF by 1.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 19,674 shares of the company’s stock valued at $1,931,000 after buying an additional 191 shares during the last quarter.

iShares Global Healthcare ETF Trading Up 1.2 %

Shares of IXJ opened at $94.18 on Thursday. The firm has a market cap of $4.12 billion, a PE ratio of 31.15 and a beta of 0.67. The firm has a fifty day simple moving average of $89.87 and a two-hundred day simple moving average of $93.16. iShares Global Healthcare ETF has a 1-year low of $85.21 and a 1-year 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.