Community Bank N.A. Lowers Stock Holdings in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Community Bank N.A. reduced its stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 98.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 393 shares of the company’s stock after selling 19,875 shares during the quarter. Community Bank N.A.’s holdings in iShares Global Healthcare ETF were worth $34,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IXJ. Fisher Asset Management LLC grew its stake in shares of iShares Global Healthcare ETF by 7.0% in the 3rd quarter. Fisher Asset Management LLC now owns 5,183,701 shares of the company’s stock valued at $508,832,000 after purchasing an additional 338,690 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Global Healthcare ETF in the fourth quarter valued at approximately $13,282,000. Janney Montgomery Scott LLC purchased a new stake in shares of iShares Global Healthcare ETF in the fourth quarter valued at approximately $3,418,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares Global Healthcare ETF in the third quarter valued at approximately $2,766,000. Finally, Citigroup Inc. boosted its stake in shares of iShares Global Healthcare ETF by 46.1% in the third quarter. Citigroup Inc. now owns 86,307 shares of the company’s stock valued at $8,472,000 after buying an additional 27,221 shares in the last quarter.

iShares Global Healthcare ETF Price Performance

iShares Global Healthcare ETF stock opened at $91.95 on Monday. iShares Global Healthcare ETF has a 1-year low of $85.21 and a 1-year high of $101.31. The company has a market cap of $4.02 billion, a PE ratio of 28.77 and a beta of 0.65. The stock’s 50 day moving average price is $91.17 and its 200 day moving average price is $92.43.

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.