iShares Global Healthcare ETF (NYSEARCA:IXJ) Reaches New 52-Week High at $96.87

iShares Global Healthcare ETF (NYSEARCA:IXJ)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $96.87 and last traded at $96.87, with a volume of 22265 shares changing hands. The stock had previously closed at $95.70.

iShares Global Healthcare ETF Stock Performance

The business’s 50 day simple moving average is $94.17 and its 200-day simple moving average is $92.12. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 24.61 and a beta of 0.56.

Institutional Investors Weigh In On iShares Global Healthcare ETF

A number of institutional investors have recently modified their holdings of the stock. Fisher Asset Management LLC raised its holdings in shares of iShares Global Healthcare ETF by 10.5% during the 4th quarter. Fisher Asset Management LLC now owns 5,075,149 shares of the company’s stock valued at $440,117,000 after purchasing an additional 481,619 shares in the last quarter. Woodmont Investment Counsel LLC raised its holdings in iShares Global Healthcare ETF by 115,117,000.0% in the 2nd quarter. Woodmont Investment Counsel LLC now owns 1,151,171 shares of the company’s stock worth $106,875,000 after acquiring an additional 1,151,170 shares during the period. UBS Group AG raised its holdings in iShares Global Healthcare ETF by 0.8% in the 4th quarter. UBS Group AG now owns 293,787 shares of the company’s stock worth $25,477,000 after acquiring an additional 2,320 shares during the period. Jane Street Group LLC raised its holdings in iShares Global Healthcare ETF by 1,645.2% in the 1st quarter. Jane Street Group LLC now owns 291,452 shares of the company’s stock worth $27,149,000 after acquiring an additional 274,752 shares during the period. Finally, Bank of Montreal Can raised its holdings in iShares Global Healthcare ETF by 225.4% in the 2nd quarter. Bank of Montreal Can now owns 209,279 shares of the company’s stock worth $19,630,000 after acquiring an additional 144,962 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.