Raymond James & Associates boosted its holdings in iShares Global Comm Services ETF (NYSEARCA:IXP – Get Rating) by 103.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,101 shares of the company’s stock after buying an additional 6,149 shares during the period. Raymond James & Associates owned 0.31% of iShares Global Comm Services ETF worth $659,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its position in shares of iShares Global Comm Services ETF by 26.2% in the second quarter. Captrust Financial Advisors now owns 820 shares of the company’s stock worth $50,000 after acquiring an additional 170 shares in the last quarter. Oxler Private Wealth LLC acquired a new position in shares of iShares Global Comm Services ETF during the third quarter worth about $68,000. Sageworth Trust Co lifted its stake in shares of iShares Global Comm Services ETF by 15.2% during the fourth quarter. Sageworth Trust Co now owns 1,921 shares of the company’s stock worth $105,000 after purchasing an additional 254 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new stake in shares of iShares Global Comm Services ETF in the fourth quarter worth about $207,000. Finally, HighTower Advisors LLC purchased a new stake in shares of iShares Global Comm Services ETF during the 1st quarter valued at about $229,000.
iShares Global Comm Services ETF Stock Performance
iShares Global Comm Services ETF stock opened at $68.43 on Wednesday. iShares Global Comm Services ETF has a one year low of $49.81 and a one year high of $68.58. The stock’s 50 day moving average price is $65.30 and its 200 day moving average price is $61.10. The firm has a market capitalization of $273.72 million, a PE ratio of 11.86 and a beta of 0.86.
iShares Global Comm Services ETF Company Profile
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The iShares Global Comm Services ETF (IXP) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of global communication services companies, drawn from 1,200 global stocks selected by S&P. IXP was launched on Nov 12, 2001 and is managed by BlackRock.
Further Reading
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