Gladstone Institutional Advisory LLC Grows Stock Position in iShares Global Comm Services ETF (NYSEARCA:IXP)

Gladstone Institutional Advisory LLC lifted its stake in iShares Global Comm Services ETF (NYSEARCA:IXP) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,863 shares of the company’s stock after buying an additional 221 shares during the period. Gladstone Institutional Advisory LLC owned approximately 0.15% of iShares Global Comm Services ETF worth $470,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Creative Planning purchased a new position in shares of iShares Global Comm Services ETF in the third quarter worth about $201,000. HighTower Advisors LLC purchased a new position in shares of iShares Global Comm Services ETF in the third quarter worth about $267,000. Independent Advisor Alliance increased its holdings in shares of iShares Global Comm Services ETF by 5.2% in the third quarter. Independent Advisor Alliance now owns 3,392 shares of the company’s stock worth $319,000 after buying an additional 169 shares during the period. Grimes & Company Inc. purchased a new position in shares of iShares Global Comm Services ETF in the fourth quarter worth about $480,000. Finally, US Bancorp DE increased its holdings in shares of iShares Global Comm Services ETF by 2.1% in the third quarter. US Bancorp DE now owns 6,113 shares of the company’s stock worth $575,000 after buying an additional 127 shares during the period.

iShares Global Comm Services ETF Price Performance

Shares of NYSEARCA:IXP opened at $106.93 on Friday. iShares Global Comm Services ETF has a 1 year low of $79.70 and a 1 year high of $106.98. The company has a market cap of $352.87 million, a PE ratio of 27.29 and a beta of 1.10. The stock’s 50-day moving average is $100.16 and its 200 day moving average is $95.02.

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.