Raymond James Financial Services Advisors Inc. Decreases Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

Raymond James Financial Services Advisors Inc. trimmed its holdings in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 26.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,700 shares of the company’s stock after selling 4,474 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in iShares Global Comm Services ETF were worth $948,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Raymond James & Associates lifted its holdings in iShares Global Comm Services ETF by 2.9% during the 4th quarter. Raymond James & Associates now owns 5,161 shares of the company’s stock worth $385,000 after buying an additional 144 shares during the last quarter. Captrust Financial Advisors lifted its holdings in iShares Global Comm Services ETF by 26.2% during the 2nd quarter. Captrust Financial Advisors now owns 820 shares of the company’s stock worth $50,000 after buying an additional 170 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in iShares Global Comm Services ETF by 2.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 9,309 shares of the company’s stock worth $636,000 after buying an additional 202 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in iShares Global Comm Services ETF by 12.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,261 shares of the company’s stock worth $169,000 after buying an additional 256 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares Global Comm Services ETF by 4.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,613 shares of the company’s stock worth $521,000 after buying an additional 299 shares during the last quarter.

iShares Global Comm Services ETF Stock Performance

IXP opened at $82.79 on Tuesday. The business’s 50-day simple moving average is $82.73 and its 200-day simple moving average is $76.28. iShares Global Comm Services ETF has a one year low of $62.61 and a one year high of $85.92. The stock has a market capitalization of $269.07 million, a P/E ratio of 27.11 and a beta of 1.09.

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.