Quantinno Capital Management LP boosted its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP – Free Report) by 44.8% during the 4th quarter, HoldingsChannel reports. The firm owned 35,423 shares of the company’s stock after buying an additional 10,967 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares Global Comm Services ETF were worth $3,424,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares Global Comm Services ETF during the 4th quarter worth approximately $34,000. SBI Securities Co. Ltd. purchased a new position in iShares Global Comm Services ETF during the 4th quarter worth approximately $75,000. Jones Financial Companies Lllp grew its position in iShares Global Comm Services ETF by 78.9% during the 4th quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $209,000 after purchasing an additional 953 shares in the last quarter. Independent Solutions Wealth Management LLC purchased a new position in iShares Global Comm Services ETF during the 4th quarter worth approximately $234,000. Finally, Advisory Services Network LLC grew its position in iShares Global Comm Services ETF by 7.5% during the 4th quarter. Advisory Services Network LLC now owns 3,258 shares of the company’s stock worth $315,000 after purchasing an additional 226 shares in the last quarter.
iShares Global Comm Services ETF Stock Performance
NYSEARCA IXP opened at $104.61 on Tuesday. iShares Global Comm Services ETF has a twelve month low of $82.18 and a twelve month high of $107.18. The stock has a market cap of $371.37 million, a price-to-earnings ratio of 20.12 and a beta of 0.88. The firm’s 50 day moving average price is $97.38 and its two-hundred day moving average price is $98.91.
iShares Global Comm Services ETF 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.
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