Citigroup Inc. Reduces Stock Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

Citigroup Inc. trimmed its position in iShares Global Comm Services ETF (NYSEARCA:IXPFree Report) by 75.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 597 shares of the company’s stock after selling 1,856 shares during the quarter. Citigroup Inc.’s holdings in iShares Global Comm Services ETF were worth $41,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. NBC Securities Inc. acquired a new stake in shares of iShares Global Comm Services ETF during the 3rd quarter worth about $28,000. Patriot Investment Management Group Inc. purchased a new position in iShares Global Comm Services ETF during the fourth quarter worth about $31,000. Comerica Bank acquired a new stake in shares of iShares Global Comm Services ETF during the third quarter valued at about $32,000. Retirement Group LLC purchased a new stake in shares of iShares Global Comm Services ETF in the 4th quarter valued at approximately $35,000. Finally, Captrust Financial Advisors lifted its holdings in shares of iShares Global Comm Services ETF by 26.2% in the 2nd quarter. Captrust Financial Advisors now owns 820 shares of the company’s stock worth $50,000 after acquiring an additional 170 shares during the last quarter.

iShares Global Comm Services ETF Trading Down 0.2 %

Shares of NYSEARCA IXP opened at $84.71 on Wednesday. The stock has a fifty day simple moving average of $81.76 and a 200-day simple moving average of $75.29. iShares Global Comm Services ETF has a twelve month low of $62.61 and a twelve month high of $84.90. The stock has a market capitalization of $351.55 million, a PE ratio of 11.86 and a beta of 0.86.

About iShares Global Comm Services ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Global Comm Services ETF (NYSEARCA:IXP)

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