Corient Private Wealth LLC Sells 10,666 Shares of iShares Global Comm Services ETF (NYSEARCA:IXP)

Corient Private Wealth LLC lessened its stake in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 23.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,407 shares of the company’s stock after selling 10,666 shares during the period. Corient Private Wealth LLC owned 1.07% of iShares Global Comm Services ETF worth $3,423,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in IXP. Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares Global Comm Services ETF during the 4th quarter valued at about $34,000. SBI Securities Co. Ltd. purchased a new stake in shares of iShares Global Comm Services ETF during the 4th quarter valued at about $75,000. Jones Financial Companies Lllp raised its position in shares of iShares Global Comm Services ETF by 78.9% during the 4th quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $209,000 after buying an additional 953 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of iShares Global Comm Services ETF during the 3rd quarter valued at about $267,000. Finally, Independent Advisor Alliance raised its position in shares of iShares Global Comm Services ETF by 5.2% during the 3rd quarter. Independent Advisor Alliance now owns 3,392 shares of the company’s stock valued at $319,000 after buying an additional 169 shares in the last quarter.

iShares Global Comm Services ETF Trading Up 0.6 %

Shares of NYSEARCA IXP opened at $99.11 on Friday. The firm’s 50-day moving average price is $101.76 and its 200-day moving average price is $97.49. The stock has a market capitalization of $416.26 million, a price-to-earnings ratio of 20.68 and a beta of 0.87. iShares Global Comm Services ETF has a 12-month low of $79.70 and a 12-month high of $107.18.

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.