Surience Private Wealth LLC Buys Shares of 67,959 iShares Global Comm Services ETF $IXP

Surience Private Wealth LLC bought a new stake in iShares Global Comm Services ETF (NYSEARCA:IXP) during the third quarter, Holdings Channel reports. The fund bought 67,959 shares of the company’s stock, valued at approximately $8,399,000. iShares Global Comm Services ETF comprises about 7.7% of Surience Private Wealth LLC’s investment portfolio, making the stock its 4th biggest position.

Several other hedge funds have also recently bought and sold shares of the business. Hsbc Holdings PLC acquired a new stake in iShares Global Comm Services ETF in the 2nd quarter valued at $78,708,000. PGIM Custom Harvest LLC boosted its stake in iShares Global Comm Services ETF by 25.3% in the second quarter. PGIM Custom Harvest LLC now owns 399,185 shares of the company’s stock valued at $44,836,000 after acquiring an additional 80,560 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares Global Comm Services ETF by 427.5% in the 2nd quarter. Bank of America Corp DE now owns 295,753 shares of the company’s stock worth $33,219,000 after acquiring an additional 239,685 shares during the period. AE Wealth Management LLC grew its position in iShares Global Comm Services ETF by 8.0% in the 2nd quarter. AE Wealth Management LLC now owns 77,629 shares of the company’s stock worth $8,719,000 after purchasing an additional 5,767 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its stake in shares of iShares Global Comm Services ETF by 50.6% in the second quarter. Flow Traders U.S. LLC now owns 41,874 shares of the company’s stock valued at $4,703,000 after purchasing an additional 14,067 shares during the period.

iShares Global Comm Services ETF Trading Up 0.2%

IXP stock opened at $119.75 on Friday. The firm’s 50-day moving average is $122.41 and its two-hundred day moving average is $118.09. The company has a market capitalization of $832.26 million, a price-to-earnings ratio of 19.46 and a beta of 0.87. iShares Global Comm Services ETF has a 52 week low of $86.38 and a 52 week high of $126.92.

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.