UBS Group AG Sells 5,275 Shares of iShares Global Comm Services ETF $IXP

UBS Group AG lowered its holdings in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 19.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 21,407 shares of the company’s stock after selling 5,275 shares during the period. UBS Group AG’s holdings in iShares Global Comm Services ETF were worth $2,595,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IXP. NewEdge Advisors LLC raised its stake in iShares Global Comm Services ETF by 4.6% during the first quarter. NewEdge Advisors LLC now owns 4,222 shares of the company’s stock worth $410,000 after buying an additional 184 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of iShares Global Comm Services ETF by 56.7% during the first quarter. Jane Street Group LLC now owns 30,256 shares of the company’s stock valued at $2,935,000 after buying an additional 10,943 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Global Comm Services ETF by 21.2% during the second quarter. JPMorgan Chase & Co. now owns 25,183 shares of the company’s stock worth $2,829,000 after purchasing an additional 4,397 shares during the last quarter. Cerity Partners LLC boosted its holdings in iShares Global Comm Services ETF by 4.7% during the second quarter. Cerity Partners LLC now owns 18,011 shares of the company’s stock worth $2,023,000 after purchasing an additional 801 shares during the last quarter. Finally, Vivaldi Capital Management LP purchased a new position in iShares Global Comm Services ETF during the second quarter worth about $240,000.

iShares Global Comm Services ETF Stock Performance

Shares of IXP stock opened at $124.44 on Wednesday. The firm has a market cap of $603.53 million, a price-to-earnings ratio of 19.46 and a beta of 0.90. iShares Global Comm Services ETF has a 52 week low of $104.40 and a 52 week high of $126.92. The firm’s 50-day simple moving average is $120.21 and its two-hundred day simple moving average is $121.09.

iShares Global Comm Services ETF Company Profile

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.