AE Wealth Management LLC Acquires 11,714 Shares of iShares Global Comm Services ETF (NYSEARCA:IXP)

AE Wealth Management LLC lifted its holdings in iShares Global Comm Services ETF (NYSEARCA:IXP) by 22.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,373 shares of the company’s stock after acquiring an additional 11,714 shares during the period. AE Wealth Management LLC owned 1.95% of iShares Global Comm Services ETF worth $5,715,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. grew its holdings in iShares Global Comm Services ETF by 39.3% during the 1st quarter. Sunbelt Securities Inc. now owns 2,468 shares of the company’s stock valued at $208,000 after buying an additional 696 shares in the last quarter. CX Institutional purchased a new position in iShares Global Comm Services ETF during the second quarter valued at $233,000. Commonwealth Equity Services LLC increased its holdings in iShares Global Comm Services ETF by 7.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,253 shares of the company’s stock valued at $289,000 after acquiring an additional 214 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares Global Comm Services ETF by 14.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 7,159 shares of the company’s stock worth $534,000 after purchasing an additional 908 shares in the last quarter. Finally, Financial Management Professionals Inc. bought a new position in shares of iShares Global Comm Services ETF during the 1st quarter valued at about $1,313,000.

iShares Global Comm Services ETF Stock Up 0.2 %

Shares of iShares Global Comm Services ETF stock opened at $91.98 on Friday. The firm has a market cap of $303.53 million, a price-to-earnings ratio of 27.29 and a beta of 1.10. iShares Global Comm Services ETF has a twelve month low of $65.38 and a twelve month high of $92.01. The business has a 50-day moving average price of $88.12 and a 200-day moving average price of $86.63.

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.