iShares Global Healthcare ETF (NYSEARCA:IXJ) Hits New 1-Year High at $93.37

iShares Global Healthcare ETF (NYSEARCA:IXJ) shares hit a new 52-week high on Thursday . The company traded as high as $93.37 and last traded at $93.25, with a volume of 28850 shares traded. The stock had previously closed at $93.06.

iShares Global Healthcare ETF Stock Performance

The stock’s fifty day moving average price is $90.83 and its 200-day moving average price is $86.32. The company has a market capitalization of $4.31 billion, a P/E ratio of 20.97 and a beta of 0.67.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Fisher Asset Management LLC grew its position in shares of iShares Global Healthcare ETF by 10.5% in the fourth 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 during the last quarter. Corient Private Wealth LLC bought a new position in iShares Global Healthcare ETF during the 3rd quarter worth $29,170,000. BlackRock Inc. lifted its holdings in shares of iShares Global Healthcare ETF by 0.9% during the first quarter. BlackRock Inc. now owns 15,336,216 shares of the company’s stock worth $1,278,427,000 after buying an additional 135,152 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Global Healthcare ETF by 16.8% in the third quarter. JPMorgan Chase & Co. now owns 786,677 shares of the company’s stock valued at $64,838,000 after acquiring an additional 113,286 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of iShares Global Healthcare ETF by 757.3% in the second quarter. Goldman Sachs Group Inc. now owns 112,406 shares of the company’s stock valued at $9,553,000 after acquiring an additional 99,295 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.