iShares Global Comm Services ETF (NYSEARCA:IXP) Shares Purchased by Corrado Advisors LLC

Corrado Advisors LLC increased its stake in iShares Global Comm Services ETF (NYSEARCA:IXP) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,849 shares of the company’s stock after purchasing an additional 534 shares during the period. iShares Global Comm Services ETF makes up 2.1% of Corrado Advisors LLC’s holdings, making the stock its 3rd largest position. Corrado Advisors LLC owned approximately 1.03% of iShares Global Comm Services ETF worth $3,272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IXP. U.S. Capital Wealth Advisors LLC acquired a new position in iShares Global Comm Services ETF in the 4th quarter worth $1,263,000. Grimes & Company Inc. acquired a new position in iShares Global Comm Services ETF in the 4th quarter worth $480,000. Money Design Co. Ltd. boosted its stake in iShares Global Comm Services ETF by 5.5% in the 4th quarter. Money Design Co. Ltd. now owns 89,847 shares of the company’s stock worth $8,741,000 after purchasing an additional 4,706 shares during the period. Gladstone Institutional Advisory LLC bought a new stake in iShares Global Comm Services ETF during the 3rd quarter worth about $437,000. Finally, Quantinno Capital Management LP lifted its position in iShares Global Comm Services ETF by 16.5% during the 3rd quarter. Quantinno Capital Management LP now owns 24,456 shares of the company’s stock worth $2,302,000 after buying an additional 3,469 shares in the last quarter.

iShares Global Comm Services ETF Price Performance

Shares of NYSEARCA:IXP opened at $103.08 on Thursday. The company’s 50-day moving average price is $100.89 and its two-hundred day moving average price is $96.15. iShares Global Comm Services ETF has a one year low of $79.70 and a one year high of $107.18. The stock has a market capitalization of $427.78 million, a PE ratio of 21.95 and a beta of 0.86.

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.