Northwestern Mutual Wealth Management Co. increased its holdings in iShares Global Comm Services ETF (NYSEARCA:IXP – Free Report) by 21,369.7% during the 4th quarter, Holdings Channel reports. The firm owned 32,634 shares of the company’s stock after buying an additional 32,482 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Global Comm Services ETF were worth $3,884,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the business. Transcend Capital Advisors LLC grew its stake in shares of iShares Global Comm Services ETF by 3.8% in the third quarter. Transcend Capital Advisors LLC now owns 2,584 shares of the company’s stock worth $319,000 after purchasing an additional 95 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of iShares Global Comm Services ETF by 4.6% in the third quarter. J.W. Cole Advisors Inc. now owns 2,625 shares of the company’s stock worth $324,000 after purchasing an additional 115 shares during the last quarter. NewEdge Advisors LLC boosted its position in iShares Global Comm Services ETF by 4.6% during the 1st quarter. NewEdge Advisors LLC now owns 4,222 shares of the company’s stock valued at $410,000 after acquiring an additional 184 shares in the last quarter. Smartleaf Asset Management LLC bought a new stake in iShares Global Comm Services ETF during the 3rd quarter valued at approximately $33,000. Finally, Tiller Private Wealth Inc. boosted its position in iShares Global Comm Services ETF by 9.9% during the 4th quarter. Tiller Private Wealth Inc. now owns 3,155 shares of the company’s stock valued at $382,000 after acquiring an additional 285 shares in the last quarter.
iShares Global Comm Services ETF Stock Performance
iShares Global Comm Services ETF stock opened at $123.26 on Monday. The stock’s 50 day simple moving average is $120.01 and its two-hundred day simple moving average is $121.05. The stock has a market cap of $597.81 million, a price-to-earnings ratio of 19.46 and a beta of 0.90. iShares Global Comm Services ETF has a fifty-two week low of $103.56 and a fifty-two week high of $126.92.
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.
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