Transcend Capital Advisors LLC Grows Position in iShares Global Comm Services ETF $IXP

Transcend Capital Advisors LLC increased its position in iShares Global Comm Services ETF (NYSEARCA:IXP) by 4.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,489 shares of the company’s stock after purchasing an additional 97 shares during the quarter. Transcend Capital Advisors LLC owned approximately 0.05% of iShares Global Comm Services ETF worth $280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IXP. Parallel Advisors LLC raised its stake in iShares Global Comm Services ETF by 104.8% during the second quarter. Parallel Advisors LLC now owns 1,270 shares of the company’s stock valued at $143,000 after buying an additional 650 shares during the last quarter. NTV Asset Management LLC purchased a new position in iShares Global Comm Services ETF during the second quarter valued at $213,000. Atria Wealth Solutions Inc. raised its stake in iShares Global Comm Services ETF by 6.4% during the first quarter. Atria Wealth Solutions Inc. now owns 2,359 shares of the company’s stock valued at $229,000 after buying an additional 142 shares during the last quarter. WBH Advisory Inc. purchased a new position in iShares Global Comm Services ETF during the first quarter valued at $242,000. Finally, Tiller Private Wealth Inc. purchased a new position in iShares Global Comm Services ETF during the first quarter valued at $248,000.

iShares Global Comm Services ETF Trading Down 2.6%

Shares of NYSEARCA:IXP opened at $123.07 on Friday. The stock has a market capitalization of $855.34 million, a price-to-earnings ratio of 19.46 and a beta of 0.87. iShares Global Comm Services ETF has a 12-month low of $86.38 and a 12-month high of $126.92. The stock has a fifty day simple moving average of $122.75 and a two-hundred day simple moving average of $112.64.

About iShares Global Comm Services ETF

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.