iShares Global Comm Services ETF $IXP Shares Newly Acquired by Rockland Trust Co.

Rockland Trust Co. purchased a new position in iShares Global Comm Services ETF (NYSEARCA:IXP) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,848 shares of the company’s stock, valued at approximately $4,003,000.

Several other hedge funds also recently bought and sold shares of IXP. Goodman Advisory Group LLC bought a new position in shares of iShares Global Comm Services ETF in the first quarter worth about $40,000. Parallel Advisors LLC raised its stake in shares of iShares Global Comm Services ETF by 19.2% during the first quarter. Parallel Advisors LLC now owns 1,514 shares of the company’s stock valued at $174,000 after acquiring an additional 244 shares in the last quarter. KCM Investment Advisors LLC bought a new position in iShares Global Comm Services ETF in the fourth quarter worth approximately $201,000. Fifth Third Bancorp lifted its holdings in shares of iShares Global Comm Services ETF by 31.2% in the 1st quarter. Fifth Third Bancorp now owns 1,854 shares of the company’s stock worth $213,000 after buying an additional 441 shares during the period. Finally, Capital Square LLC bought a new position in shares of iShares Global Comm Services ETF during the 2nd quarter worth $224,000.

iShares Global Comm Services ETF Stock Up 0.8%

Shares of IXP stock traded up $0.92 on Monday, hitting $118.75. The stock had a trading volume of 30,178 shares, compared to its average volume of 41,843. iShares Global Comm Services ETF has a one year low of $110.89 and a one year high of $126.77. The business has a 50 day moving average price of $117.87 and a 200 day moving average price of $118.54. The company has a market cap of $611.56 million, a PE ratio of 19.46 and a beta of 0.88.

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.