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

Shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) saw unusually-high trading volume on Tuesday . Approximately 471,748 shares changed hands during mid-day trading, an increase of 184% from the previous session’s volume of 166,182 shares.The stock last traded at $85.23 and had previously closed at $84.25.

iShares Global Healthcare ETF Stock Up 1.4%

The company’s 50-day simple moving average is $86.82 and its 200 day simple moving average is $88.99. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 24.13 and a beta of 0.67.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Fisher Asset Management LLC lifted its stake in shares of iShares Global Healthcare ETF by 3.8% in the fourth quarter. Fisher Asset Management LLC now owns 5,382,479 shares of the company’s stock valued at $462,732,000 after buying an additional 198,778 shares during the period. Jones Financial Companies Lllp lifted its position in shares of iShares Global Healthcare ETF by 2,199.5% in the 1st quarter. Jones Financial Companies Lllp now owns 170,184 shares of the company’s stock worth $15,521,000 after acquiring an additional 162,783 shares during the period. Jane Street Group LLC grew its holdings in shares of iShares Global Healthcare ETF by 133.2% during the 4th quarter. Jane Street Group LLC now owns 277,727 shares of the company’s stock worth $23,876,000 after purchasing an additional 158,647 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Global Healthcare ETF during the fourth quarter valued at approximately $13,282,000. Finally, Wells Fargo & Company MN increased its position in shares of iShares Global Healthcare ETF by 38.8% during the fourth quarter. Wells Fargo & Company MN now owns 242,755 shares of the company’s stock valued at $20,870,000 after purchasing an additional 67,876 shares during the period.

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.