Investor s Fiduciary Advisor Network LLC Makes New $285,000 Investment in iShares Global Healthcare ETF (NYSEARCA:IXJ)

Investor s Fiduciary Advisor Network LLC purchased a new position in iShares Global Healthcare ETF (NYSEARCA:IXJ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,320 shares of the company’s stock, valued at approximately $285,000.

Other hedge funds have also added to or reduced their stakes in the company. Fisher Asset Management LLC raised its stake in shares of iShares Global Healthcare ETF by 3.8% during the fourth quarter. Fisher Asset Management LLC now owns 5,382,479 shares of the company’s stock valued at $462,732,000 after acquiring an additional 198,778 shares during the last quarter. Jane Street Group LLC raised its stake in shares of iShares Global Healthcare ETF by 133.2% during the fourth quarter. Jane Street Group LLC now owns 277,727 shares of the company’s stock valued at $23,876,000 after acquiring an additional 158,647 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Global Healthcare ETF during the fourth quarter valued at about $13,282,000. Wells Fargo & Company MN raised its stake in shares of iShares Global Healthcare ETF by 38.8% during the fourth quarter. Wells Fargo & Company MN now owns 242,755 shares of the company’s stock valued at $20,870,000 after acquiring an additional 67,876 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of iShares Global Healthcare ETF during the fourth quarter valued at about $3,418,000.

iShares Global Healthcare ETF Trading Down 0.7%

Shares of NYSEARCA:IXJ opened at $84.78 on Monday. The company has a market cap of $3.70 billion, a price-to-earnings ratio of 26.37 and a beta of 0.69. The company has a 50-day moving average price of $88.50 and a 200-day moving average price of $89.71. iShares Global Healthcare ETF has a 12 month low of $80.68 and a 12 month high of $101.31.

iShares Global Healthcare ETF 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.