iShares Global Comm Services ETF $IXP Shares Purchased by PGIM Custom Harvest LLC

PGIM Custom Harvest LLC increased its stake in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 25.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 399,185 shares of the company’s stock after purchasing an additional 80,560 shares during the period. iShares Global Comm Services ETF makes up approximately 0.9% of PGIM Custom Harvest LLC’s investment portfolio, making the stock its 20th largest position. PGIM Custom Harvest LLC owned 0.08% of iShares Global Comm Services ETF worth $44,836,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hsbc Holdings PLC acquired a new position in iShares Global Comm Services ETF during the second quarter worth $78,708,000. Flow Traders U.S. LLC acquired a new stake in shares of iShares Global Comm Services ETF in the first quarter valued at $2,698,000. GeoWealth Management LLC purchased a new stake in shares of iShares Global Comm Services ETF in the 2nd quarter valued at $1,736,000. Jane Street Group LLC raised its holdings in shares of iShares Global Comm Services ETF by 56.7% in the 1st quarter. Jane Street Group LLC now owns 30,256 shares of the company’s stock valued at $2,935,000 after buying an additional 10,943 shares during the period. Finally, Midwest Trust Co purchased a new position in iShares Global Comm Services ETF during the 2nd quarter valued at about $702,000.

iShares Global Comm Services ETF Price Performance

NYSEARCA IXP opened at $126.05 on Friday. The company has a market cap of $876.05 million, a P/E ratio of 19.46 and a beta of 0.87. The stock has a 50-day moving average of $122.55 and a two-hundred day moving average of $116.91. iShares Global Comm Services ETF has a 1-year low of $86.38 and a 1-year 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.