Meridian Investment Counsel Inc. Sells 300 Shares of iShares Global Healthcare ETF (NYSEARCA:IXJ)

Meridian Investment Counsel Inc. cut its position in iShares Global Healthcare ETF (NYSEARCA:IXJ) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,719 shares of the company’s stock after selling 300 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in iShares Global Healthcare ETF were worth $1,007,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Erste Asset Management GmbH acquired a new stake in iShares Global Healthcare ETF in the third quarter valued at $25,000. Avior Wealth Management LLC bought a new stake in shares of iShares Global Healthcare ETF in the 4th quarter valued at about $36,000. Capital Investment Counsel Inc bought a new stake in shares of iShares Global Healthcare ETF in the 4th quarter valued at about $37,000. IFP Advisors Inc lifted its stake in iShares Global Healthcare ETF by 319.1% in the 4th quarter. IFP Advisors Inc now owns 1,073 shares of the company’s stock valued at $92,000 after purchasing an additional 817 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA grew its holdings in iShares Global Healthcare ETF by 193.3% during the fourth quarter. LFA Lugano Financial Advisors SA now owns 1,660 shares of the company’s stock worth $143,000 after purchasing an additional 1,094 shares during the period.

iShares Global Healthcare ETF Stock Down 0.1 %

NYSEARCA:IXJ opened at $90.78 on Monday. iShares Global Healthcare ETF has a 12-month low of $85.21 and a 12-month high of $101.31. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 28.77 and a beta of 0.65. The stock’s 50 day moving average price is $91.54 and its two-hundred day moving average price is $92.15.

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.