6,250 Shares of iShares Global Comm Services ETF $IXP Purchased by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. purchased a new position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,250 shares of the company’s stock, valued at approximately $739,000. Meridian Investment Counsel Inc. owned 0.12% of iShares Global Comm Services ETF at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Rockland Trust Co. purchased a new stake in iShares Global Comm Services ETF in the 3rd quarter worth about $4,003,000. CX Institutional boosted its position in shares of iShares Global Comm Services ETF by 3,090.2% during the second quarter. CX Institutional now owns 6,540 shares of the company’s stock valued at $738,000 after buying an additional 6,335 shares during the period. Capital Square LLC purchased a new position in shares of iShares Global Comm Services ETF during the second quarter valued at approximately $224,000. Goodman Advisory Group LLC purchased a new position in shares of iShares Global Comm Services ETF during the first quarter valued at approximately $40,000. Finally, Integrated Wealth Concepts LLC grew its stake in shares of iShares Global Comm Services ETF by 7.0% during the second quarter. Integrated Wealth Concepts LLC now owns 16,869 shares of the company’s stock valued at $1,904,000 after buying an additional 1,101 shares during the last quarter.

iShares Global Comm Services ETF Stock Performance

IXP opened at $117.42 on Thursday. The stock’s 50 day moving average price is $118.27 and its 200-day moving average price is $118.66. iShares Global Comm Services ETF has a one year low of $110.89 and a one year high of $126.77. The stock has a market cap of $604.71 million, a price-to-earnings ratio of 19.46 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.