Cerity Partners LLC Decreases Stock Position in iShares Global Comm Services ETF (NYSEARCA:IXP)

Cerity Partners LLC lessened its stake in iShares Global Comm Services ETF (NYSEARCA:IXP) by 3.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,164 shares of the company’s stock after selling 937 shares during the period. Cerity Partners LLC owned about 0.70% of iShares Global Comm Services ETF worth $2,180,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC acquired a new position in iShares Global Comm Services ETF in the second quarter valued at approximately $66,712,000. EverSource Wealth Advisors LLC bought a new position in shares of iShares Global Comm Services ETF during the 2nd quarter valued at about $2,767,000. Jane Street Group LLC grew its stake in shares of 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 purchasing an additional 13,755 shares during the last quarter. AE Wealth Management LLC raised its holdings in shares of iShares Global Comm Services ETF by 22.2% in the 2nd quarter. AE Wealth Management LLC now owns 64,373 shares of the company’s stock worth $5,715,000 after purchasing an additional 11,714 shares in the last quarter. Finally, Money Design Co. Ltd. grew its holdings in shares of iShares Global Comm Services ETF by 6.9% in the 3rd quarter. Money Design Co. Ltd. now owns 85,141 shares of the company’s stock worth $8,014,000 after acquiring an additional 5,465 shares during the last quarter.

iShares Global Comm Services ETF Stock Performance

iShares Global Comm Services ETF stock opened at $97.18 on Monday. The company has a 50 day moving average price of $94.72 and a 200 day moving average price of $90.45. The firm has a market capitalization of $320.69 million, a price-to-earnings ratio of 27.29 and a beta of 1.10. iShares Global Comm Services ETF has a 52 week low of $71.26 and a 52 week high of $97.52.

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.