Northwestern Mutual Wealth Management Co. Buys 213,728 Shares of iShares Global Healthcare ETF $IXJ

Northwestern Mutual Wealth Management Co. raised its stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 1,206.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 231,450 shares of the company’s stock after buying an additional 213,728 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.49% of iShares Global Healthcare ETF worth $22,543,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Phoenix Financial Ltd. grew its position in shares of iShares Global Healthcare ETF by 77.2% in the 4th quarter. Phoenix Financial Ltd. now owns 2,124,780 shares of the company’s stock valued at $206,954,000 after buying an additional 925,500 shares during the last quarter. Allworth Financial LP grew its position in shares of iShares Global Healthcare ETF by 16.4% in the 4th quarter. Allworth Financial LP now owns 1,431 shares of the company’s stock valued at $139,000 after buying an additional 202 shares during the last quarter. Pacific Sun Financial Corp bought a new stake in shares of iShares Global Healthcare ETF in the 4th quarter valued at about $202,000. Anson Capital Inc. bought a new stake in shares of iShares Global Healthcare ETF in the 4th quarter valued at about $1,281,000. Finally, Geneva Partners LLC bought a new stake in shares of iShares Global Healthcare ETF in the 4th quarter valued at about $234,000.

iShares Global Healthcare ETF Trading Up 0.8%

NYSEARCA IXJ opened at $93.17 on Wednesday. The business’s 50-day moving average price is $93.48 and its two-hundred day moving average price is $96.30. iShares Global Healthcare ETF has a 12 month low of $82.16 and a 12 month high of $101.78. The firm has a market capitalization of $3.62 billion, a PE ratio of 21.58 and a beta of 0.58.

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. 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.