iShares Global Comm Services ETF (NYSEARCA:IXP) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 5.3% in the third quarter, HoldingsChannel reports. The firm owned 8,215 shares of the company’s stock after acquiring an additional 410 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Global Comm Services ETF were worth $773,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning purchased a new stake in iShares Global Comm Services ETF in the 3rd quarter worth approximately $201,000. CX Institutional purchased a new stake in iShares Global Comm Services ETF in the 2nd quarter worth approximately $233,000. Commonwealth Equity Services LLC boosted its position in iShares Global Comm Services ETF by 7.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,253 shares of the company’s stock worth $289,000 after purchasing an additional 214 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new stake in iShares Global Comm Services ETF in the 3rd quarter worth approximately $437,000. Finally, US Bancorp DE boosted its position in iShares Global Comm Services ETF by 2.1% in the 3rd quarter. US Bancorp DE now owns 6,113 shares of the company’s stock worth $575,000 after purchasing an additional 127 shares in the last quarter.

iShares Global Comm Services ETF Trading Down 1.3 %

iShares Global Comm Services ETF stock opened at $94.86 on Monday. iShares Global Comm Services ETF has a 12 month low of $71.26 and a 12 month high of $97.52. The stock’s 50 day simple moving average is $93.38 and its two-hundred day simple moving average is $89.73. The firm has a market cap of $313.04 million, a PE ratio of 27.29 and a beta of 1.10.

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.