Raymond James & Associates Increases Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

Raymond James & Associates grew its holdings in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,161 shares of the company’s stock after purchasing an additional 144 shares during the quarter. Raymond James & Associates owned approximately 0.12% of iShares Global Comm Services ETF worth $385,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IXP. NBC Securities Inc. bought a new position in shares of iShares Global Comm Services ETF during the 3rd quarter worth $28,000. Sunbelt Securities Inc. bought a new position in shares of iShares Global Comm Services ETF during the 3rd quarter worth $87,000. Creative Financial Designs Inc. ADV grew its stake in shares of 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 acquiring an additional 256 shares during the period. Per Stirling Capital Management LLC. boosted its stake in iShares Global Comm Services ETF by 162.3% in the 3rd quarter. Per Stirling Capital Management LLC. now owns 10,354 shares of the company’s stock worth $707,000 after purchasing an additional 6,407 shares during the period. Finally, Pathstone Family Office LLC bought a new position in iShares Global Comm Services ETF in the 3rd quarter worth about $790,000.

iShares Global Comm Services ETF Stock Up 3.1 %

Shares of NYSEARCA IXP opened at $83.96 on Friday. iShares Global Comm Services ETF has a 52 week low of $63.72 and a 52 week high of $85.92. The business has a 50-day simple moving average of $83.03 and a two-hundred day simple moving average of $77.07. The company has a market cap of $272.88 million, a P/E ratio of 26.77 and a beta of 1.09.

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.