iShares Global Comm Services ETF $IXP Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC raised its position in iShares Global Comm Services ETF (NYSEARCA:IXP) by 92.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,911 shares of the company’s stock after buying an additional 15,829 shares during the period. Corient Private Wealth LLC owned about 0.68% of iShares Global Comm Services ETF worth $3,697,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Hsbc Holdings PLC purchased a new position in shares of iShares Global Comm Services ETF in the second quarter valued at approximately $78,708,000. Bank of America Corp DE raised its stake in iShares Global Comm Services ETF by 427.5% in the 2nd quarter. Bank of America Corp DE now owns 295,753 shares of the company’s stock valued at $33,219,000 after purchasing an additional 239,685 shares during the last quarter. PGIM Custom Harvest LLC lifted its holdings in iShares Global Comm Services ETF by 25.3% in the 2nd quarter. PGIM Custom Harvest LLC now owns 399,185 shares of the company’s stock valued at $44,836,000 after purchasing an additional 80,560 shares in the last quarter. NewEdge Advisors LLC boosted its stake in iShares Global Comm Services ETF by 611.1% during the 2nd quarter. NewEdge Advisors LLC now owns 30,022 shares of the company’s stock worth $3,372,000 after purchasing an additional 25,800 shares during the last quarter. Finally, GeoWealth Management LLC acquired a new stake in iShares Global Comm Services ETF during the 2nd quarter worth $1,736,000.

iShares Global Comm Services ETF Stock Up 0.2%

Shares of NYSEARCA IXP opened at $119.75 on Monday. The firm has a 50-day simple moving average of $122.41 and a 200-day simple moving average of $118.25. The stock has a market capitalization of $832.26 million, a price-to-earnings ratio of 19.46 and a beta of 0.87. iShares Global Comm Services ETF has a 52 week low of $86.38 and a 52 week high of $126.92.

About iShares Global Comm Services ETF

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.