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

iShares Global Healthcare ETF (NYSEARCA:IXJ) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 98,472 shares, a decrease of 81.0% from the June 30th total of 517,581 shares. Based on an average trading volume of 176,308 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of iShares Global Healthcare ETF

A number of hedge funds have recently modified their holdings of IXJ. Balefire LLC acquired a new position in iShares Global Healthcare ETF in the 2nd quarter valued at about $1,680,000. J. R. Prunier Capital Management LLC lifted its position in iShares Global Healthcare ETF by 7.3% during the first quarter. J. R. Prunier Capital Management LLC now owns 4,634 shares of the company’s stock worth $433,000 after acquiring an additional 314 shares during the last quarter. Rathbones Group PLC lifted its position in iShares Global Healthcare ETF by 1.1% during the first quarter. Rathbones Group PLC now owns 25,741 shares of the company’s stock worth $2,408,000 after acquiring an additional 280 shares during the last quarter. Ipsen Advisor Group LLC boosted its holdings in shares of iShares Global Healthcare ETF by 4.6% during the first quarter. Ipsen Advisor Group LLC now owns 13,215 shares of the company’s stock worth $1,236,000 after acquiring an additional 576 shares during the period. Finally, Compass Capital Management Inc. bought a new stake in shares of iShares Global Healthcare ETF during the first quarter worth approximately $449,000.

iShares Global Healthcare ETF Price Performance

iShares Global Healthcare ETF stock traded up $0.60 during mid-day trading on Friday, hitting $99.89. 163,431 shares of the company’s stock traded hands, compared to its average volume of 288,382. The firm has a 50 day simple moving average of $96.51 and a two-hundred day simple moving average of $96.49. iShares Global Healthcare ETF has a fifty-two week low of $82.16 and a fifty-two week high of $102.20. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of 21.58 and a beta of 0.57.

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.