Moors & Cabot Inc. Purchases New Holdings in iShares Global Comm Services ETF $IXP

Moors & Cabot Inc. bought a new stake in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,869 shares of the company’s stock, valued at approximately $210,000.

Several other large investors also recently modified their holdings of IXP. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Global Comm Services ETF by 4.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,191 shares of the company’s stock worth $892,000 after acquiring an additional 355 shares during the period. AE Wealth Management LLC raised its position in iShares Global Comm Services ETF by 2.7% during the first quarter. AE Wealth Management LLC now owns 71,862 shares of the company’s stock valued at $6,972,000 after purchasing an additional 1,919 shares in the last quarter. LPL Financial LLC lifted its stake in iShares Global Comm Services ETF by 2.6% during the first quarter. LPL Financial LLC now owns 57,597 shares of the company’s stock worth $5,588,000 after purchasing an additional 1,454 shares during the last quarter. Tiller Private Wealth Inc. bought a new stake in iShares Global Comm Services ETF during the first quarter worth $248,000. Finally, Atria Wealth Solutions Inc. boosted its holdings in shares of iShares Global Comm Services ETF by 6.4% in the 1st quarter. Atria Wealth Solutions Inc. now owns 2,359 shares of the company’s stock valued at $229,000 after purchasing an additional 142 shares in the last quarter.

iShares Global Comm Services ETF Stock Down 0.5%

Shares of IXP stock opened at $120.13 on Monday. The business has a fifty day simple moving average of $123.08 and a 200 day simple moving average of $114.08. The company has a market cap of $834.90 million, a P/E ratio of 19.46 and a beta of 0.87. iShares Global Comm Services ETF has a twelve month low of $86.38 and a twelve month high of $126.92.

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.