EverSource Wealth Advisors LLC Invests $2.77 Million in iShares Global Comm Services ETF (NYSEARCA:IXP)

EverSource Wealth Advisors LLC acquired a new position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 31,733 shares of the company’s stock, valued at approximately $2,767,000. EverSource Wealth Advisors LLC owned approximately 0.96% of iShares Global Comm Services ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IXP. Sunbelt Securities Inc. raised its stake in iShares Global Comm Services ETF by 39.3% in the first quarter. Sunbelt Securities Inc. now owns 2,468 shares of the company’s stock valued at $208,000 after buying an additional 696 shares during the last quarter. CX Institutional purchased a new position in shares of iShares Global Comm Services ETF in the 2nd quarter valued at approximately $233,000. Commonwealth Equity Services LLC boosted its stake 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 worth $289,000 after purchasing an additional 214 shares in the last quarter. Janney Montgomery Scott LLC grew its position in iShares Global Comm Services ETF by 14.5% during 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 during the last quarter. Finally, Financial Management Professionals Inc. purchased a new stake in iShares Global Comm Services ETF during the 1st quarter worth approximately $1,313,000.

iShares Global Comm Services ETF Trading Up 0.2 %

NYSEARCA IXP opened at $91.98 on Monday. iShares Global Comm Services ETF has a 12-month low of $65.38 and a 12-month high of $92.01. The company has a fifty day simple moving average of $88.12 and a two-hundred day simple moving average of $86.67. The stock has a market cap of $303.53 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.