Commonwealth Equity Services LLC Purchases 214 Shares of iShares Global Comm Services ETF (NYSEARCA:IXP)

Commonwealth Equity Services LLC grew its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 7.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,253 shares of the company’s stock after purchasing an additional 214 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.10% of iShares Global Comm Services ETF worth $289,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC grew its position in iShares Global Comm Services ETF by 5.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 7,555 shares of the company’s stock worth $636,000 after acquiring an additional 396 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in iShares Global Comm Services ETF by 39.3% in the 1st quarter. Sunbelt Securities Inc. now owns 2,468 shares of the company’s stock worth $208,000 after buying an additional 696 shares during the period. CX Institutional purchased a new stake in iShares Global Comm Services ETF in the 2nd quarter worth approximately $233,000. Jane Street Group LLC lifted its holdings in iShares Global Comm Services ETF by 22.7% in the 1st quarter. Jane Street Group LLC now owns 74,420 shares of the company’s stock worth $6,262,000 after buying an additional 13,755 shares during the period. Finally, Financial Management Professionals Inc. purchased a new stake in iShares Global Comm Services ETF in the 1st quarter worth approximately $1,313,000.

iShares Global Comm Services ETF Stock Performance

NYSEARCA IXP opened at $92.87 on Wednesday. iShares Global Comm Services ETF has a fifty-two week low of $65.38 and a fifty-two week high of $92.95. The stock has a 50 day simple moving average of $88.22 and a two-hundred day simple moving average of $86.82. The stock has a market cap of $306.47 million, a P/E ratio of 27.29 and a beta of 1.10.

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.