Sowell Financial Services LLC Makes New $1.52 Million Investment in iShares Global Comm Services ETF $IXP

Sowell Financial Services LLC purchased a new position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,331 shares of the company’s stock, valued at approximately $1,524,000. Sowell Financial Services LLC owned approximately 0.18% of iShares Global Comm Services ETF as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. Integrated Wealth Concepts LLC increased its holdings in iShares Global Comm Services ETF by 4.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 15,157 shares of the company’s stock worth $1,471,000 after purchasing an additional 656 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares Global Comm Services ETF by 4.6% in the 1st quarter. NewEdge Advisors LLC now owns 4,222 shares of the company’s stock valued at $410,000 after purchasing an additional 184 shares during the last quarter. Jane Street Group LLC lifted its holdings in iShares Global Comm Services ETF by 56.7% in the first quarter. Jane Street Group LLC now owns 30,256 shares of the company’s stock valued at $2,935,000 after buying an additional 10,943 shares during the period. Parallel Advisors LLC raised its position in shares of iShares Global Comm Services ETF by 104.8% in the 2nd quarter. Parallel Advisors LLC now owns 1,270 shares of the company’s stock worth $143,000 after acquiring an additional 650 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in shares of iShares Global Comm Services ETF by 1.8% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 11,285 shares of the company’s stock valued at $1,268,000 after purchasing an additional 201 shares during the period.

iShares Global Comm Services ETF Price Performance

Shares of iShares Global Comm Services ETF stock opened at $121.12 on Tuesday. The stock’s 50-day moving average is $122.26 and its 200 day moving average is $118.79. iShares Global Comm Services ETF has a one year low of $86.38 and a one year high of $126.92. The firm has a market cap of $841.78 million, a price-to-earnings ratio of 19.46 and a beta of 0.87.

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.