AE Wealth Management LLC Has $5.61 Million Holdings in iShares Global Comm Services ETF $IXP

AE Wealth Management LLC decreased its holdings in iShares Global Comm Services ETF (NYSEARCA:IXP) by 41.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,371 shares of the company’s stock after selling 32,258 shares during the period. AE Wealth Management LLC’s holdings in iShares Global Comm Services ETF were worth $5,607,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hsbc Holdings PLC acquired a new position in shares of iShares Global Comm Services ETF during the 2nd quarter worth approximately $78,708,000. PGIM Custom Harvest LLC boosted its position in iShares Global Comm Services ETF by 25.3% during the second quarter. PGIM Custom Harvest LLC now owns 399,185 shares of the company’s stock worth $44,836,000 after purchasing an additional 80,560 shares during the period. Bank of America Corp DE boosted its position in iShares Global Comm Services ETF by 427.5% during the second quarter. Bank of America Corp DE now owns 295,753 shares of the company’s stock worth $33,219,000 after purchasing an additional 239,685 shares during the period. Surience Private Wealth LLC acquired a new position in shares of iShares Global Comm Services ETF in the third quarter valued at $8,399,000. Finally, Flow Traders U.S. LLC raised its position in shares of iShares Global Comm Services ETF by 50.6% in the second quarter. Flow Traders U.S. LLC now owns 41,874 shares of the company’s stock valued at $4,703,000 after purchasing an additional 14,067 shares during the period.

iShares Global Comm Services ETF Stock Performance

NYSEARCA IXP opened at $125.84 on Friday. The stock has a market cap of $736.16 million, a PE ratio of 19.46 and a beta of 0.87. The firm has a 50-day moving average of $122.06 and a 200-day moving average of $120.70. iShares Global Comm Services ETF has a 52-week low of $86.38 and a 52-week high of $126.92.

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.