iShares Global Healthcare ETF (NYSEARCA:IXJ) Sees Unusually-High Trading Volume – Time to Buy?

Shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) saw strong trading volume on Monday . Approximately 142,204 shares traded hands during mid-day trading, an increase of 1% from the previous session’s volume of 141,313 shares.The stock last traded at $91.32 and had previously closed at $90.41.

iShares Global Healthcare ETF Trading Up 0.6 %

The company has a market cap of $3.99 billion, a PE ratio of 24.61 and a beta of 0.56. The stock has a 50 day moving average price of $95.04 and a 200 day moving average price of $95.15.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Erste Asset Management GmbH purchased a new position in iShares Global Healthcare ETF during the third quarter valued at $25,000. Strategic Financial Concepts LLC purchased a new position in shares of iShares Global Healthcare ETF in the 2nd quarter worth about $26,000. International Assets Investment Management LLC bought a new position in iShares Global Healthcare ETF in the 2nd quarter worth about $27,000. Financial Gravity Asset Management Inc. grew its position in iShares Global Healthcare ETF by 50.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 414 shares of the company’s stock valued at $38,000 after purchasing an additional 138 shares during the last quarter. Finally, Voisard Asset Management Group Inc. bought a new stake in iShares Global Healthcare ETF during the 3rd quarter valued at about $38,000.

iShares Global Healthcare ETF Company 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.