IFP Advisors Inc Purchases 52,055 Shares of iShares Global Comm Services ETF $IXP

IFP Advisors Inc grew its position in iShares Global Comm Services ETF (NYSEARCA:IXP) by 30,089.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,228 shares of the company’s stock after purchasing an additional 52,055 shares during the quarter. IFP Advisors Inc’s holdings in iShares Global Comm Services ETF were worth $6,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of IXP. Smartleaf Asset Management LLC bought a new position in shares of iShares Global Comm Services ETF in the third quarter worth approximately $33,000. AlphaCore Capital LLC boosted its position in shares of iShares Global Comm Services ETF by 4,300.0% during the fourth quarter. AlphaCore Capital LLC now owns 484 shares of the company’s stock worth $59,000 after acquiring an additional 473 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares Global Comm Services ETF during the third quarter worth $99,000. Fifth Third Bancorp boosted its position in shares of iShares Global Comm Services ETF by 27.5% during the third quarter. Fifth Third Bancorp now owns 1,413 shares of the company’s stock worth $175,000 after acquiring an additional 305 shares during the last quarter. Finally, Csenge Advisory Group bought a new position in shares of iShares Global Comm Services ETF during the fourth quarter worth $213,000.

iShares Global Comm Services ETF Stock Performance

Shares of NYSEARCA:IXP opened at $123.53 on Thursday. The firm has a fifty day moving average price of $119.92 and a 200 day moving average price of $121.04. iShares Global Comm Services ETF has a fifty-two week low of $103.56 and a fifty-two week high of $126.92. The firm has a market cap of $599.12 million, a price-to-earnings ratio of 19.46 and a beta of 0.90.

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.