Cassaday & Co Wealth Management LLC Buys New Position in iShares Global Healthcare ETF $IXJ

Cassaday & Co Wealth Management LLC purchased a new position in iShares Global Healthcare ETF (NYSEARCA:IXJ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,000 shares of the company’s stock, valued at approximately $532,000.

A number of other large investors have also modified their holdings of IXJ. Ameriprise Financial Inc. raised its position in shares of iShares Global Healthcare ETF by 5,522.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 915,169 shares of the company’s stock valued at $78,789,000 after purchasing an additional 898,892 shares during the last quarter. Bank of America Corp DE grew its position in iShares Global Healthcare ETF by 6.3% during the 2nd quarter. Bank of America Corp DE now owns 2,539,651 shares of the company’s stock worth $218,639,000 after purchasing an additional 150,774 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Global Healthcare ETF by 6.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 237,238 shares of the company’s stock valued at $20,424,000 after purchasing an additional 13,579 shares in the last quarter. IHT Wealth Management LLC purchased a new position in shares of iShares Global Healthcare ETF in the second quarter worth $1,086,000. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of iShares Global Healthcare ETF during the second quarter valued at $957,000.

iShares Global Healthcare ETF Price Performance

Shares of IXJ stock opened at $101.18 on Wednesday. The business has a fifty day moving average of $98.75 and a 200 day moving average of $93.53. iShares Global Healthcare ETF has a 1 year low of $80.68 and a 1 year high of $101.74. The firm has a market capitalization of $4.74 billion, a price-to-earnings ratio of 21.58 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. It is a subset of the S&P Global 1200 Index. Component companies include healthcare providers, biotechnology companies and manufacturers of medical supplies, advanced medical devices and pharmaceuticals.