Sunbelt Securities Inc. Has $208,000 Stock Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

Sunbelt Securities Inc. increased its holdings in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 39.3% during the 1st quarter, Holdings Channel.com reports. The fund owned 2,468 shares of the company’s stock after acquiring an additional 696 shares during the period. Sunbelt Securities Inc.’s holdings in iShares Global Comm Services ETF were worth $208,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Modera Wealth Management LLC acquired a new stake in shares of iShares Global Comm Services ETF in the 3rd quarter valued at $56,003,000. Wilbanks Smith & Thomas Asset Management LLC acquired a new position in iShares Global Comm Services ETF in the fourth quarter valued at about $1,373,000. RFG Advisory LLC acquired a new position in iShares Global Comm Services ETF in the fourth quarter valued at about $1,184,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Global Comm Services ETF during the fourth quarter worth approximately $730,000. Finally, Money Design Co. Ltd. increased its holdings in shares of iShares Global Comm Services ETF by 20.9% during the fourth quarter. Money Design Co. Ltd. now owns 53,272 shares of the company’s stock worth $3,975,000 after buying an additional 9,202 shares in the last quarter.

iShares Global Comm Services ETF Trading Down 0.9 %

NYSEARCA:IXP opened at $88.78 on Friday. The stock has a market capitalization of $292.97 million, a P/E ratio of 27.29 and a beta of 1.10. iShares Global Comm Services ETF has a 1 year low of $65.38 and a 1 year high of $89.69. The firm has a 50 day moving average of $86.41 and a 200-day moving average of $82.08.

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.