Citadel Advisors LLC Sells 4,510 Shares of iShares Global Comm Services ETF $IXP

Citadel Advisors LLC cut its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 14.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,359 shares of the company’s stock after selling 4,510 shares during the period. Citadel Advisors LLC’s holdings in iShares Global Comm Services ETF were worth $2,975,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Capital Square LLC purchased a new stake in iShares Global Comm Services ETF in the 2nd quarter worth about $224,000. CX Institutional boosted its position in shares of iShares Global Comm Services ETF by 3,090.2% during the second quarter. CX Institutional now owns 6,540 shares of the company’s stock valued at $738,000 after buying an additional 6,335 shares during the period. One Charles Private Wealth Services LLC boosted its position in shares of iShares Global Comm Services ETF by 6.6% during the first quarter. One Charles Private Wealth Services LLC now owns 3,545 shares of the company’s stock valued at $407,000 after buying an additional 219 shares during the period. Parallel Advisors LLC boosted its position in shares of iShares Global Comm Services ETF by 19.2% during the first quarter. Parallel Advisors LLC now owns 1,514 shares of the company’s stock valued at $174,000 after buying an additional 244 shares during the period. Finally, Bessemer Group Inc. grew its stake in shares of iShares Global Comm Services ETF by 6.7% during the first quarter. Bessemer Group Inc. now owns 5,487 shares of the company’s stock valued at $630,000 after buying an additional 345 shares during the last quarter.

iShares Global Comm Services ETF Stock Performance

Shares of NYSEARCA IXP opened at $118.30 on Tuesday. The business’s 50 day moving average price is $116.46 and its 200-day moving average price is $118.66. iShares Global Comm Services ETF has a fifty-two week low of $110.89 and a fifty-two week high of $126.92. The company has a market cap of $573.75 million, a price-to-earnings ratio of 19.46 and a beta of 0.89.

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.