Citadel Advisors LLC Sells 4,510 Shares of iShares Global Comm Services ETF $IXP

Citadel Advisors LLC trimmed its holdings in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 14.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,359 shares of the company’s stock after selling 4,510 shares during the quarter. Citadel Advisors LLC owned 0.54% of iShares Global Comm Services ETF worth $2,975,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Kestra Advisory Services LLC purchased a new position in iShares Global Comm Services ETF in the fourth quarter worth about $31,000. Goodman Advisory Group LLC purchased a new stake in iShares Global Comm Services ETF during the first quarter valued at approximately $40,000. AlphaCore Capital LLC raised its position in iShares Global Comm Services ETF by 4,300.0% during the fourth quarter. AlphaCore Capital LLC now owns 484 shares of the company’s stock valued at $59,000 after purchasing an additional 473 shares during the period. Parallel Advisors LLC lifted its stake in shares of iShares Global Comm Services ETF by 19.2% in the 1st quarter. Parallel Advisors LLC now owns 1,514 shares of the company’s stock valued at $174,000 after purchasing an additional 244 shares during the last quarter. Finally, KCM Investment Advisors LLC bought a new stake in shares of iShares Global Comm Services ETF in the 4th quarter valued at approximately $201,000.

iShares Global Comm Services ETF Stock Performance

Shares of iShares Global Comm Services ETF stock opened at $118.30 on Tuesday. The stock has a market cap of $573.75 million, a price-to-earnings ratio of 19.46 and a beta of 0.89. The stock has a 50 day moving average price of $116.46 and a 200-day moving average price of $118.66. iShares Global Comm Services ETF has a one year low of $110.89 and a one year high of $126.92.

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.