Jane Street Group LLC Has $1.87 Million Stock Position in iShares Global Comm Services ETF (NYSEARCA:IXP)

Jane Street Group LLC reduced its position in iShares Global Comm Services ETF (NYSEARCA:IXP) by 57.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,313 shares of the company’s stock after selling 25,911 shares during the period. Jane Street Group LLC owned 0.59% of iShares Global Comm Services ETF worth $1,867,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Money Design Co. Ltd. boosted its holdings in iShares Global Comm Services ETF by 5.5% during the fourth quarter. Money Design Co. Ltd. now owns 89,847 shares of the company’s stock worth $8,741,000 after buying an additional 4,706 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in iShares Global Comm Services ETF by 15.0% during the fourth quarter. Wells Fargo & Company MN now owns 66,649 shares of the company’s stock worth $6,443,000 after buying an additional 8,714 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares Global Comm Services ETF by 1.2% during the fourth quarter. LPL Financial LLC now owns 56,143 shares of the company’s stock worth $5,427,000 after buying an additional 658 shares during the last quarter. Corrado Advisors LLC boosted its holdings in iShares Global Comm Services ETF by 1.6% during the fourth quarter. Corrado Advisors LLC now owns 33,849 shares of the company’s stock worth $3,272,000 after buying an additional 534 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC bought a new position in iShares Global Comm Services ETF during the fourth quarter worth about $1,263,000.

iShares Global Comm Services ETF Trading Up 0.5%

Shares of IXP opened at $104.31 on Friday. The stock’s 50-day moving average price is $97.27 and its two-hundred day moving average price is $98.81. The stock has a market cap of $370.30 million, a P/E ratio of 20.12 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.

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.