Money Design Co. Ltd. boosted its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP – Free Report) by 5.5% in the fourth quarter, Holdings Channel reports. The fund owned 89,847 shares of the company’s stock after acquiring an additional 4,706 shares during the period. Money Design Co. Ltd.’s holdings in iShares Global Comm Services ETF were worth $8,741,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of the company. Creative Planning acquired a new position in shares of iShares Global Comm Services ETF during the 3rd quarter worth about $201,000. HighTower Advisors LLC acquired a new position in shares of iShares Global Comm Services ETF during the third quarter worth approximately $267,000. Independent Advisor Alliance boosted its position in shares of iShares Global Comm Services ETF by 5.2% in the third quarter. Independent Advisor Alliance now owns 3,392 shares of the company’s stock valued at $319,000 after acquiring an additional 169 shares during the period. Gladstone Institutional Advisory LLC acquired a new stake in shares of iShares Global Comm Services ETF in the third quarter worth $437,000. Finally, Grimes & Company Inc. bought a new position in iShares Global Comm Services ETF during the fourth quarter worth $480,000.
iShares Global Comm Services ETF Price Performance
NYSEARCA:IXP opened at $102.56 on Wednesday. The stock has a market cap of $338.45 million, a P/E ratio of 27.29 and a beta of 1.10. The company has a fifty day moving average price of $98.28 and a 200 day moving average price of $93.57. iShares Global Comm Services ETF has a one year low of $77.47 and a one year high of $102.76.
iShares Global Comm Services ETF Company 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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