Arkadios Wealth Advisors Makes New $215,000 Investment in iShares Global Comm Services ETF $IXP

Arkadios Wealth Advisors acquired a new stake in iShares Global Comm Services ETF (NYSEARCA:IXP) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,914 shares of the company’s stock, valued at approximately $215,000.

Other large investors have also made changes to their positions in the company. Parallel Advisors LLC lifted its position in shares of iShares Global Comm Services ETF by 104.8% during the 2nd quarter. Parallel Advisors LLC now owns 1,270 shares of the company’s stock valued at $143,000 after buying an additional 650 shares in the last quarter. NTV Asset Management LLC acquired a new position in iShares Global Comm Services ETF during the second quarter worth $213,000. Atria Wealth Solutions Inc. lifted its holdings in iShares Global Comm Services ETF by 6.4% during the first quarter. Atria Wealth Solutions Inc. now owns 2,359 shares of the company’s stock valued at $229,000 after purchasing an additional 142 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in iShares Global Comm Services ETF during the second quarter valued at $270,000. Finally, Transcend Capital Advisors LLC grew its position in shares of iShares Global Comm Services ETF by 4.1% in the second quarter. Transcend Capital Advisors LLC now owns 2,489 shares of the company’s stock valued at $280,000 after purchasing an additional 97 shares during the period.

iShares Global Comm Services ETF Stock Down 0.6%

IXP stock opened at $120.72 on Friday. iShares Global Comm Services ETF has a 52 week low of $86.38 and a 52 week high of $126.92. The firm has a 50-day simple moving average of $123.05 and a 200-day simple moving average of $113.61. The stock has a market capitalization of $839.00 million, a P/E ratio of 19.46 and a beta of 0.87.

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.