Bessemer Group Inc. Buys 700 Shares of iShares Global Comm Services ETF (NYSEARCA:IXP)

Bessemer Group Inc. grew its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 13.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,842 shares of the company’s stock after buying an additional 700 shares during the quarter. Bessemer Group Inc. owned 0.18% of iShares Global Comm Services ETF worth $565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of IXP. Money Design Co. Ltd. increased its holdings in iShares Global Comm Services ETF by 5.5% during the fourth quarter. Money Design Co. Ltd. now owns 89,847 shares of the company’s stock valued at $8,741,000 after buying an additional 4,706 shares during the last quarter. Wells Fargo & Company MN raised its holdings in iShares Global Comm Services ETF by 15.0% in the 4th quarter. Wells Fargo & Company MN now owns 66,649 shares of the company’s stock worth $6,443,000 after purchasing an additional 8,714 shares during the period. LPL Financial LLC raised its holdings in iShares Global Comm Services ETF by 1.2% in the 4th quarter. LPL Financial LLC now owns 56,143 shares of the company’s stock worth $5,427,000 after purchasing an additional 658 shares during the period. Corrado Advisors LLC lifted its position in iShares Global Comm Services ETF by 1.6% during the fourth quarter. Corrado Advisors LLC now owns 33,849 shares of the company’s stock valued at $3,272,000 after purchasing an additional 534 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in iShares Global Comm Services ETF during the fourth quarter valued at about $1,263,000.

iShares Global Comm Services ETF Stock Down 0.1 %

Shares of IXP opened at $94.54 on Wednesday. The business has a 50-day simple moving average of $99.64 and a two-hundred day simple moving average of $98.10. iShares Global Comm Services ETF has a 52 week low of $79.70 and a 52 week high of $107.18. The stock has a market cap of $335.62 million, a price-to-earnings ratio of 18.77 and a beta of 0.88.

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.