iShares Global Healthcare ETF (NYSEARCA:IXJ) Short Interest Update

by · The Markets Daily

iShares Global Healthcare ETF (NYSEARCA:IXJ – Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 231,960 shares, a growth of 135.6% from the July 15th total of 98,472 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 151,356 shares, the days-to-cover ratio is currently 1.5 days.

iShares Global Healthcare ETF Price Performance

IXJ stock traded down $0.66 during trading on Friday, reaching $102.41. 71,075 shares of the company were exchanged, compared to its average volume of 273,934. The company has a 50-day moving average of $98.88 and a two-hundred day moving average of $96.74. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 21.58 and a beta of 0.56. iShares Global Healthcare ETF has a twelve month low of $85.36 and a twelve month high of $104.28.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Nvest Wealth Strategies Inc. bought a new position in shares of iShares Global Healthcare ETF in the 4th quarter valued at $30,000. Franklin Resources Inc. grew its position in iShares Global Healthcare ETF by 80.0% during the 2nd quarter. Franklin Resources Inc. now owns 360 shares of the company’s stock worth $31,000 after acquiring an additional 160 shares during the last quarter. Arax Advisory Partners acquired a new position in iShares Global Healthcare ETF in the 4th quarter worth about $31,000. Farther Finance Advisors LLC increased its holdings in iShares Global Healthcare ETF by 35.6% in the 4th quarter. Farther Finance Advisors LLC now owns 484 shares of the company’s stock worth $47,000 after purchasing an additional 127 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new position in iShares Global Healthcare ETF in the first quarter valued at about $47,000.

iShares Global Healthcare ETF Company Profile

(Get Free Report)

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.

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