Northwestern Mutual Wealth Management Co. Has $2.40 Million Position in iShares Global Healthcare ETF $IXJ

Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Global Healthcare ETF (NYSEARCA:IXJ) by 30.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,830 shares of the company’s stock after acquiring an additional 6,418 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.06% of iShares Global Healthcare ETF worth $2,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in IXJ. Elevation Point Wealth Partners LLC acquired a new stake in iShares Global Healthcare ETF during the 2nd quarter valued at approximately $66,000. J.W. Cole Advisors Inc. boosted its stake in shares of iShares Global Healthcare ETF by 14.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 3,634 shares of the company’s stock valued at $313,000 after purchasing an additional 453 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of iShares Global Healthcare ETF by 5.2% during the second quarter. Steward Partners Investment Advisory LLC now owns 5,655 shares of the company’s stock worth $487,000 after buying an additional 282 shares during the period. Global Retirement Partners LLC bought a new position in iShares Global Healthcare ETF during the second quarter worth $243,000. Finally, Franklin Resources Inc. lifted its holdings in iShares Global Healthcare ETF by 80.0% in the second quarter. Franklin Resources Inc. now owns 360 shares of the company’s stock valued at $31,000 after buying an additional 160 shares during the period.

iShares Global Healthcare ETF Trading Down 0.8%

Shares of IXJ opened at $96.86 on Friday. The firm’s fifty day simple moving average is $93.41 and its two-hundred day simple moving average is $88.71. iShares Global Healthcare ETF has a 12 month low of $80.68 and a 12 month high of $99.39. The stock has a market capitalization of $4.34 billion, a P/E ratio of 21.58 and a beta of 0.64.

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.