iShares Global Comm Services ETF (NYSEARCA:IXP – Get Free Report) saw an uptick in trading volume on Monday . 110,991 shares traded hands during mid-day trading, an increase of 204% from the previous session’s volume of 36,531 shares.The stock last traded at $114.51 and had previously closed at $117.39.
iShares Global Comm Services ETF Stock Performance
The company has a 50 day simple moving average of $121.88 and a 200 day simple moving average of $120.93. The company has a market capitalization of $556.39 million, a PE ratio of 19.46 and a beta of 0.89.
Institutional Trading of iShares Global Comm Services ETF
A number of institutional investors have recently made changes to their positions in the company. Pictet Asset Management Holding SA increased its position in shares of iShares Global Comm Services ETF by 16.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 385,010 shares of the company’s stock worth $46,632,000 after purchasing an additional 54,800 shares in the last quarter. Bank of America Corp DE lifted its holdings 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 in the last quarter. HighTower Advisors LLC lifted its holdings in iShares Global Comm Services ETF by 9,233.6% in the 4th quarter. HighTower Advisors LLC now owns 153,911 shares of the company’s stock valued at $18,657,000 after purchasing an additional 152,262 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares Global Comm Services ETF by 13.4% during the 4th quarter. Wells Fargo & Company MN now owns 100,476 shares of the company’s stock worth $12,180,000 after purchasing an additional 11,843 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in iShares Global Comm Services ETF by 19.7% during the 4th quarter. LPL Financial LLC now owns 88,079 shares of the company’s stock worth $10,677,000 after purchasing an additional 14,508 shares during the last quarter.
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.
Featured Stories
- Five stocks we like better than iShares Global Comm Services ETF
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
- USA Today’s Digital Revival Is Gaining Steam, But With Plenty of Risk
Receive News & Ratings for iShares Global Comm Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Comm Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.
