iShares Global Healthcare ETF (NYSEARCA:IXJ) Sees Unusually-High Trading Volume – Here’s Why

iShares Global Healthcare ETF (NYSEARCA:IXJ) shares saw unusually-strong trading volume on Monday . Approximately 116,141 shares changed hands during trading, an increase of 2% from the previous session’s volume of 114,304 shares.The stock last traded at $86.88 and had previously closed at $87.13.

iShares Global Healthcare ETF Price Performance

The company has a 50-day simple moving average of $89.58 and a 200-day simple moving average of $94.17. The stock has a market cap of $3.79 billion, a PE ratio of 24.61 and a beta of 0.56.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Erste Asset Management GmbH purchased a new position in shares of iShares Global Healthcare ETF in the third quarter valued at $25,000. Voisard Asset Management Group Inc. purchased a new stake in iShares Global Healthcare ETF during the 3rd quarter worth about $38,000. Activest Wealth Management purchased a new stake in iShares Global Healthcare ETF during the 3rd quarter worth about $39,000. Arrow Financial Corp purchased a new stake in iShares Global Healthcare ETF during the 3rd quarter worth about $41,000. Finally, Blue Trust Inc. increased its position in iShares Global Healthcare ETF by 144.9% during the 3rd quarter. Blue Trust Inc. now owns 1,793 shares of the company’s stock worth $166,000 after purchasing an additional 1,061 shares in the last quarter.

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.