Brown Brothers Harriman & Co. Cuts Position in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Brown Brothers Harriman & Co. lowered its position in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 19.8% in the third quarter, Holdings Channel reports. The fund owned 1,181 shares of the company’s stock after selling 292 shares during the period. Brown Brothers Harriman & Co.’s holdings in iShares Global Healthcare ETF were worth $116,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in IXJ. Blue Trust Inc. raised its holdings in shares of iShares Global Healthcare ETF by 144.9% in the 3rd quarter. Blue Trust Inc. now owns 1,793 shares of the company’s stock valued at $166,000 after purchasing an additional 1,061 shares in the last quarter. Raymond James & Associates raised its stake in iShares Global Healthcare ETF by 3.5% in the third quarter. Raymond James & Associates now owns 66,445 shares of the company’s stock valued at $6,522,000 after buying an additional 2,223 shares in the last quarter. Creative Planning raised its stake in iShares Global Healthcare ETF by 5.0% in the second quarter. Creative Planning now owns 15,591 shares of the company’s stock valued at $1,447,000 after buying an additional 741 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Global Healthcare ETF by 69.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,274 shares of the company’s stock worth $518,000 after buying an additional 2,169 shares during the last quarter. Finally, Transatlantique Private Wealth LLC boosted its position in shares of iShares Global Healthcare ETF by 12.5% during the 2nd quarter. Transatlantique Private Wealth LLC now owns 26,901 shares of the company’s stock worth $2,497,000 after acquiring an additional 2,985 shares in the last quarter.

iShares Global Healthcare ETF Stock Performance

Shares of NYSEARCA IXJ opened at $92.11 on Friday. The stock’s 50-day simple moving average is $94.76 and its 200-day simple moving average is $95.11. The firm has a market capitalization of $3.99 billion, a PE ratio of 24.61 and a beta of 0.56. iShares Global Healthcare ETF has a fifty-two week low of $82.63 and a fifty-two week high of $101.31.

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.