Corrado Advisors LLC Has $2.45 Million Stock Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

Corrado Advisors LLC increased its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,762 shares of the company’s stock after acquiring an additional 184 shares during the quarter. iShares Global Comm Services ETF comprises about 2.0% of Corrado Advisors LLC’s investment portfolio, making the stock its 13th largest position. Corrado Advisors LLC owned approximately 0.79% of iShares Global Comm Services ETF worth $2,445,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Modera Wealth Management LLC acquired a new position in shares of iShares Global Comm Services ETF during the third quarter valued at $56,003,000. Creative Financial Designs Inc. ADV lifted its stake in iShares Global Comm Services ETF by 12.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,261 shares of the company’s stock valued at $169,000 after buying an additional 256 shares during the period. Sunbelt Securities Inc. acquired a new position in iShares Global Comm Services ETF in the third quarter valued at about $87,000. Money Design Co. Ltd. lifted its stake in iShares Global Comm Services ETF by 20.9% in the fourth quarter. Money Design Co. Ltd. now owns 53,272 shares of the company’s stock valued at $3,975,000 after buying an additional 9,202 shares during the period. Finally, PGIM Custom Harvest LLC lifted its stake in iShares Global Comm Services ETF by 12.9% in the third quarter. PGIM Custom Harvest LLC now owns 138,746 shares of the company’s stock valued at $9,478,000 after buying an additional 15,829 shares during the period.

iShares Global Comm Services ETF Stock Performance

NYSEARCA:IXP traded up $1.35 during mid-day trading on Tuesday, hitting $84.05. The company had a trading volume of 17,563 shares, compared to its average volume of 12,592. iShares Global Comm Services ETF has a fifty-two week low of $62.61 and a fifty-two week high of $85.92. The business’s fifty day moving average is $82.86 and its two-hundred day moving average is $76.79. The firm has a market cap of $273.15 million, a P/E ratio of 27.11 and a beta of 1.09.

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.