Journey Strategic Wealth LLC Trims Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

Journey Strategic Wealth LLC reduced its stake in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,377 shares of the company’s stock after selling 415 shares during the quarter. Journey Strategic Wealth LLC owned approximately 0.74% of iShares Global Comm Services ETF worth $2,357,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Money Design Co. Ltd. boosted its position in iShares Global Comm Services ETF by 5.5% in the 4th quarter. Money Design Co. Ltd. now owns 89,847 shares of the company’s stock valued at $8,741,000 after buying an additional 4,706 shares during the period. Grimes & Company Inc. purchased a new stake in shares of iShares Global Comm Services ETF in the fourth quarter valued at approximately $480,000. Janney Montgomery Scott LLC grew its stake in iShares Global Comm Services ETF by 4.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 8,584 shares of the company’s stock worth $830,000 after purchasing an additional 369 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Global Comm Services ETF by 4.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,183 shares of the company’s stock worth $1,053,000 after purchasing an additional 443 shares during the period. Finally, MML Investors Services LLC raised its position in iShares Global Comm Services ETF by 4.2% during the 3rd quarter. MML Investors Services LLC now owns 8,395 shares of the company’s stock valued at $790,000 after purchasing an additional 336 shares in the last quarter.

iShares Global Comm Services ETF Trading Up 0.2 %

IXP opened at $103.87 on Friday. The company has a market capitalization of $342.77 million, a price-to-earnings ratio of 27.29 and a beta of 1.10. iShares Global Comm Services ETF has a 12-month low of $77.47 and a 12-month high of $104.85. The business’s fifty day simple moving average is $98.76 and its 200-day simple moving average is $93.82.

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.