CX Institutional Makes New Investment in iShares Global Comm Services ETF (NYSEARCA:IXP)

CX Institutional acquired a new stake in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,630 shares of the company’s stock, valued at approximately $233,000. CX Institutional owned approximately 0.08% of iShares Global Comm Services ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IXP. Baystate Wealth Management LLC increased its stake in shares of iShares Global Comm Services ETF by 134.9% in the fourth quarter. Baystate Wealth Management LLC now owns 491 shares of the company’s stock worth $37,000 after purchasing an additional 282 shares during the period. Sunbelt Securities Inc. increased its position in iShares Global Comm Services ETF by 39.3% during the first quarter. Sunbelt Securities Inc. now owns 2,468 shares of the company’s stock worth $208,000 after acquiring an additional 696 shares during the period. One Charles Private Wealth Services LLC raised its stake in iShares Global Comm Services ETF by 15.7% during the 4th quarter. One Charles Private Wealth Services LLC now owns 3,848 shares of the company’s stock valued at $287,000 after purchasing an additional 523 shares during the last quarter. Raymond James & Associates boosted its holdings in iShares Global Comm Services ETF by 2.9% in the 4th quarter. Raymond James & Associates now owns 5,161 shares of the company’s stock valued at $385,000 after purchasing an additional 144 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of iShares Global Comm Services ETF by 14.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 7,159 shares of the company’s stock valued at $534,000 after buying an additional 908 shares during the period.

iShares Global Comm Services ETF Price Performance

Shares of iShares Global Comm Services ETF stock traded up $0.01 during trading on Friday, hitting $86.50. 886 shares of the company’s stock traded hands, compared to its average volume of 17,188. iShares Global Comm Services ETF has a twelve month low of $65.38 and a twelve month high of $91.96. The company has a market cap of $285.45 million, a PE ratio of 27.29 and a beta of 1.10. The firm’s fifty day moving average price is $88.03 and its 200 day moving average price is $84.78.

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.