HighTower Advisors LLC Reduces Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

HighTower Advisors LLC reduced its stake in iShares Global Comm Services ETF (NYSEARCA:IXP) by 9.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,564 shares of the company’s stock after selling 255 shares during the period. HighTower Advisors LLC owned about 0.08% of iShares Global Comm Services ETF worth $248,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of IXP. U.S. Capital Wealth Advisors LLC bought a new position in shares of iShares Global Comm Services ETF in the fourth quarter worth approximately $1,263,000. Raymond James Financial Inc. purchased a new stake in iShares Global Comm Services ETF during the 4th quarter valued at $1,238,000. Grimes & Company Inc. bought a new stake in iShares Global Comm Services ETF in the 4th quarter worth $480,000. Money Design Co. Ltd. increased its position in shares of iShares Global Comm Services ETF by 5.5% in the fourth quarter. Money Design Co. Ltd. now owns 89,847 shares of the company’s stock valued at $8,741,000 after acquiring an additional 4,706 shares during the period. Finally, Quantinno Capital Management LP raised its stake in shares of iShares Global Comm Services ETF by 16.5% during the third quarter. Quantinno Capital Management LP now owns 24,456 shares of the company’s stock valued at $2,302,000 after acquiring an additional 3,469 shares during the last quarter.

iShares Global Comm Services ETF Trading Down 0.2 %

iShares Global Comm Services ETF stock opened at $97.51 on Thursday. iShares Global Comm Services ETF has a 1-year low of $79.70 and a 1-year high of $107.18. The firm has a market cap of $346.16 million, a P/E ratio of 20.08 and a beta of 0.87. The firm has a 50-day moving average of $101.98 and a 200-day moving average of $98.11.

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.