IFP Advisors Inc Acquires 52,055 Shares of iShares Global Comm Services ETF $IXP

IFP Advisors Inc boosted its holdings in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 30,089.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,228 shares of the company’s stock after buying an additional 52,055 shares during the quarter. IFP Advisors Inc owned approximately 0.89% of iShares Global Comm Services ETF worth $6,331,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Transcend Capital Advisors LLC grew its position in iShares Global Comm Services ETF by 3.8% during the third quarter. Transcend Capital Advisors LLC now owns 2,584 shares of the company’s stock valued at $319,000 after buying an additional 95 shares during the period. J.W. Cole Advisors Inc. boosted its position in shares of iShares Global Comm Services ETF by 4.6% in the third quarter. J.W. Cole Advisors Inc. now owns 2,625 shares of the company’s stock worth $324,000 after purchasing an additional 115 shares during the period. NewEdge Advisors LLC boosted its position in shares of iShares Global Comm Services ETF by 4.6% in the first quarter. NewEdge Advisors LLC now owns 4,222 shares of the company’s stock worth $410,000 after purchasing an additional 184 shares during the period. Smartleaf Asset Management LLC bought a new position in shares of iShares Global Comm Services ETF in the third quarter worth approximately $33,000. Finally, Tiller Private Wealth Inc. boosted its position in shares of iShares Global Comm Services ETF by 9.9% in the fourth quarter. Tiller Private Wealth Inc. now owns 3,155 shares of the company’s stock worth $382,000 after purchasing an additional 285 shares during the period.

iShares Global Comm Services ETF Price Performance

IXP opened at $123.53 on Thursday. The firm has a market cap of $599.12 million, a P/E ratio of 19.46 and a beta of 0.90. iShares Global Comm Services ETF has a 1-year low of $103.56 and a 1-year high of $126.92. The company has a 50 day simple moving average of $119.92 and a two-hundred day simple moving average of $121.04.

About iShares Global Comm Services ETF

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.