iShares Global Comm Services ETF $IXP Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 9,233.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 153,911 shares of the company’s stock after purchasing an additional 152,262 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Global Comm Services ETF were worth $18,657,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Transcend Capital Advisors LLC raised its stake 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 in the last quarter. J.W. Cole Advisors Inc. raised its stake in iShares Global Comm Services ETF by 4.6% during the third quarter. J.W. Cole Advisors Inc. now owns 2,625 shares of the company’s stock valued at $324,000 after buying an additional 115 shares in the last quarter. NewEdge Advisors LLC raised its stake in iShares Global Comm Services ETF by 4.6% during the first quarter. NewEdge Advisors LLC now owns 4,222 shares of the company’s stock valued at $410,000 after buying an additional 184 shares in the last quarter. Smartleaf Asset Management LLC acquired a new stake in iShares Global Comm Services ETF during the third quarter valued at approximately $33,000. Finally, Tiller Private Wealth Inc. raised its stake in iShares Global Comm Services ETF by 9.9% during the fourth quarter. Tiller Private Wealth Inc. now owns 3,155 shares of the company’s stock valued at $382,000 after buying an additional 285 shares in the last quarter.

iShares Global Comm Services ETF Stock Down 0.3%

Shares of NYSEARCA IXP opened at $123.26 on Friday. The stock’s 50 day moving average price is $120.01 and its two-hundred day moving average price is $121.06. iShares Global Comm Services ETF has a 52-week low of $103.56 and a 52-week high of $126.92. The stock has a market capitalization of $597.81 million, a P/E ratio of 19.46 and a beta of 0.90.

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.