Financial Management Professionals Inc. Takes Position in iShares Global Comm Services ETF (NYSEARCA:IXP)

Financial Management Professionals Inc. acquired a new position in iShares Global Comm Services ETF (NYSEARCA:IXP) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,601 shares of the company’s stock, valued at approximately $1,313,000. Financial Management Professionals Inc. owned 0.48% of iShares Global Comm Services ETF as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Modera Wealth Management LLC acquired a new stake in iShares Global Comm Services ETF in the third quarter worth about $56,003,000. Money Design Co. Ltd. lifted its holdings in iShares Global Comm Services ETF by 20.9% in the fourth quarter. Money Design Co. Ltd. now owns 53,272 shares of the company’s stock worth $3,975,000 after purchasing an additional 9,202 shares during the period. Corrado Advisors LLC lifted its holdings in iShares Global Comm Services ETF by 0.6% in the fourth quarter. Corrado Advisors LLC now owns 32,762 shares of the company’s stock worth $2,445,000 after purchasing an additional 184 shares during the period. HC Advisors LLC lifted its holdings in iShares Global Comm Services ETF by 2.2% in the fourth quarter. HC Advisors LLC now owns 28,725 shares of the company’s stock worth $2,143,000 after purchasing an additional 610 shares during the period. Finally, Cerity Partners LLC lifted its holdings in iShares Global Comm Services ETF by 8.9% in the fourth quarter. Cerity Partners LLC now owns 26,017 shares of the company’s stock worth $1,941,000 after purchasing an additional 2,127 shares during the period.

iShares Global Comm Services ETF Stock Down 0.9 %

IXP stock opened at $88.78 on Friday. The company has a market capitalization of $292.97 million, a P/E ratio of 27.29 and a beta of 1.10. The company has a 50-day simple moving average of $86.41 and a 200 day simple moving average of $82.08. iShares Global Comm Services ETF has a fifty-two week low of $65.38 and a fifty-two week high of $89.69.

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.