JPMorgan Chase & Co. Sells 6,015 Shares of iShares Global Comm Services ETF $IXP

JPMorgan Chase & Co. reduced its position in iShares Global Comm Services ETF (NYSEARCA:IXP) by 23.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,168 shares of the company’s stock after selling 6,015 shares during the quarter. JPMorgan Chase & Co. owned 0.28% of iShares Global Comm Services ETF worth $2,369,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in IXP. Smartleaf Asset Management LLC bought a new stake in shares of iShares Global Comm Services ETF in the third quarter valued at about $33,000. Global Retirement Partners LLC raised its holdings in shares of iShares Global Comm Services ETF by 649.4% in the third quarter. Global Retirement Partners LLC now owns 577 shares of the company’s stock valued at $71,000 after acquiring an additional 500 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares Global Comm Services ETF in the third quarter valued at about $99,000. Fifth Third Bancorp raised its holdings in shares of iShares Global Comm Services ETF by 27.5% in the third quarter. Fifth Third Bancorp now owns 1,413 shares of the company’s stock valued at $175,000 after acquiring an additional 305 shares in the last quarter. Finally, Vivaldi Capital Management LP bought a new stake in shares of iShares Global Comm Services ETF in the second quarter valued at about $240,000.

iShares Global Comm Services ETF Stock Performance

Shares of iShares Global Comm Services ETF stock opened at $115.25 on Tuesday. The company has a market capitalization of $570.49 million, a PE ratio of 19.46 and a beta of 0.87. The company has a 50-day simple moving average of $119.66 and a two-hundred day simple moving average of $121.27. iShares Global Comm Services ETF has a one year low of $86.38 and a one year 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.