Jones Financial Companies Lllp Acquires 953 Shares of iShares Global Comm Services ETF (NYSEARCA:IXP)

Jones Financial Companies Lllp increased its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 78.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,161 shares of the company’s stock after acquiring an additional 953 shares during the quarter. Jones Financial Companies Lllp owned about 0.07% of iShares Global Comm Services ETF worth $209,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bradley & Co. Private Wealth Management LLC bought a new position in iShares Global Comm Services ETF during the 4th quarter worth approximately $34,000. HighTower Advisors LLC bought a new position in iShares Global Comm Services ETF during the 3rd quarter worth approximately $267,000. Independent Advisor Alliance boosted its stake in iShares Global Comm Services ETF by 5.2% during the 3rd quarter. Independent Advisor Alliance now owns 3,392 shares of the company’s stock worth $319,000 after acquiring an additional 169 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its stake in iShares Global Comm Services ETF by 4.8% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 4,863 shares of the company’s stock worth $470,000 after acquiring an additional 221 shares during the last quarter. Finally, Grimes & Company Inc. acquired a new stake in iShares Global Comm Services ETF during the 4th quarter worth approximately $480,000.

iShares Global Comm Services ETF Stock Performance

Shares of IXP stock opened at $97.71 on Friday. The company has a market capitalization of $410.38 million, a P/E ratio of 20.68 and a beta of 0.87. The company’s 50 day moving average price is $101.55 and its two-hundred day moving average price is $97.01. iShares Global Comm Services ETF has a 52 week low of $79.70 and a 52 week high of $107.18.

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.