Surience Private Wealth LLC Takes Position in iShares Global Comm Services ETF $IXP

Surience Private Wealth LLC bought a new position in iShares Global Comm Services ETF (NYSEARCA:IXP) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 67,959 shares of the company’s stock, valued at approximately $8,399,000. iShares Global Comm Services ETF makes up 7.7% of Surience Private Wealth LLC’s holdings, making the stock its 4th largest position. Surience Private Wealth LLC owned 0.98% of iShares Global Comm Services ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Hsbc Holdings PLC bought a new stake in iShares Global Comm Services ETF in the second quarter worth $78,708,000. Bank of America Corp DE grew its stake in iShares Global Comm Services ETF by 427.5% during the 2nd quarter. Bank of America Corp DE now owns 295,753 shares of the company’s stock worth $33,219,000 after buying an additional 239,685 shares during the last quarter. PGIM Custom Harvest LLC increased its stake in iShares Global Comm Services ETF by 25.3% during the 2nd quarter. PGIM Custom Harvest LLC now owns 399,185 shares of the company’s stock valued at $44,836,000 after purchasing an additional 80,560 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of iShares Global Comm Services ETF during the first quarter worth $2,698,000. Finally, NewEdge Advisors LLC increased its position in shares of iShares Global Comm Services ETF by 611.1% in the 2nd quarter. NewEdge Advisors LLC now owns 30,022 shares of the company’s stock valued at $3,372,000 after acquiring an additional 25,800 shares during the period.

iShares Global Comm Services ETF Stock Performance

Shares of IXP opened at $119.75 on Friday. iShares Global Comm Services ETF has a one year low of $86.38 and a one year high of $126.92. The stock has a market cap of $832.26 million, a P/E ratio of 19.46 and a beta of 0.87. The stock has a 50-day moving average of $122.41 and a two-hundred day moving average of $118.09.

About iShares Global Comm Services ETF

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.