Bank of America Corp DE Lowers Stock Holdings in iShares Global Healthcare ETF $IXJ

Bank of America Corp DE reduced its stake in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 51.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,163,309 shares of the company’s stock after selling 1,256,903 shares during the period. Bank of America Corp DE owned 2.99% of iShares Global Healthcare ETF worth $108,816,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC grew its stake in iShares Global Healthcare ETF by 8.0% in the fourth quarter. Fisher Asset Management LLC now owns 8,032,598 shares of the company’s stock worth $782,375,000 after purchasing an additional 592,677 shares in the last quarter. Phoenix Financial Ltd. lifted its holdings 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 worth $206,954,000 after buying an additional 925,500 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares Global Healthcare ETF by 5,522.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 915,169 shares of the company’s stock worth $78,789,000 after buying an additional 898,892 shares in the last quarter. UBS Group AG grew its position in shares of iShares Global Healthcare ETF by 0.5% during the 4th quarter. UBS Group AG now owns 267,520 shares of the company’s stock worth $26,056,000 after buying an additional 1,321 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Global Healthcare ETF by 1,206.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 231,450 shares of the company’s stock valued at $22,543,000 after buying an additional 213,728 shares during the period.

iShares Global Healthcare ETF Trading Up 1.0%

Shares of iShares Global Healthcare ETF stock opened at $102.28 on Friday. The stock’s fifty day moving average price is $97.93 and its 200-day moving average price is $96.61. The firm has a market cap of $4.18 billion, a P/E ratio of 21.58 and a beta of 0.56. iShares Global Healthcare ETF has a 12 month low of $82.95 and a 12 month high of $103.40.

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.