Ipsen Advisor Group LLC Has $1.04 Million Position in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Ipsen Advisor Group LLC increased its holdings in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 4.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,352 shares of the company’s stock after purchasing an additional 493 shares during the period. Ipsen Advisor Group LLC’s holdings in iShares Global Healthcare ETF were worth $1,035,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IXJ. Strategic Financial Concepts LLC acquired a new position in iShares Global Healthcare ETF in the 4th quarter worth $2,216,000. Wealthstar Advisors LLC bought a new stake in shares of iShares Global Healthcare ETF in the fourth quarter valued at about $253,000. Savant Capital LLC boosted its position in shares of iShares Global Healthcare ETF by 5.5% during the fourth quarter. Savant Capital LLC now owns 3,225 shares of the company’s stock worth $277,000 after buying an additional 168 shares during the period. Gladstone Institutional Advisory LLC grew its holdings in shares of iShares Global Healthcare ETF by 67.0% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 4,203 shares of the company’s stock worth $361,000 after buying an additional 1,686 shares in the last quarter. Finally, Truist Financial Corp raised its position in iShares Global Healthcare ETF by 10.0% in the 4th quarter. Truist Financial Corp now owns 13,201 shares of the company’s stock valued at $1,135,000 after buying an additional 1,204 shares during the last quarter.

iShares Global Healthcare ETF Stock Performance

NYSEARCA IXJ opened at $86.70 on Tuesday. iShares Global Healthcare ETF has a 52 week low of $80.68 and a 52 week high of $101.31. The stock’s 50 day moving average price is $85.76 and its two-hundred day moving average price is $88.65. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of 24.12 and a beta of 0.64.

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.