Envestnet Asset Management Inc. Has $854,000 Stock Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

Envestnet Asset Management Inc. increased its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,836 shares of the company’s stock after acquiring an additional 223 shares during the period. Envestnet Asset Management Inc. owned about 0.27% of iShares Global Comm Services ETF worth $854,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares Global Comm Services ETF during the 4th quarter worth about $34,000. SBI Securities Co. Ltd. bought a new position in iShares Global Comm Services ETF during the fourth quarter valued at approximately $75,000. Jones Financial Companies Lllp lifted its stake in iShares Global Comm Services ETF by 78.9% in the fourth quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $209,000 after acquiring an additional 953 shares during the last quarter. Independent Solutions Wealth Management LLC bought a new stake in iShares Global Comm Services ETF in the fourth quarter worth approximately $234,000. Finally, Gladstone Institutional Advisory LLC increased its stake in shares of iShares Global Comm Services ETF by 4.8% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 4,863 shares of the company’s stock worth $470,000 after purchasing an additional 221 shares during the last quarter.

iShares Global Comm Services ETF Trading Up 1.0 %

iShares Global Comm Services ETF stock opened at $98.81 on Friday. The company has a market capitalization of $350.78 million, a P/E ratio of 18.77 and a beta of 0.88. iShares Global Comm Services ETF has a 1-year low of $82.18 and a 1-year high of $107.18. The firm’s fifty day simple moving average is $97.26 and its 200-day simple moving average is $98.17.

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.