Corient Private Wealth LLC Cuts Stake in iShares Global Comm Services ETF (NYSEARCA:IXP)

Corient Private Wealth LLC reduced its holdings in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 23.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,407 shares of the company’s stock after selling 10,666 shares during the period. Corient Private Wealth LLC’s holdings in iShares Global Comm Services ETF were worth $3,423,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in IXP. Raymond James Financial Inc. acquired a new position in iShares Global Comm Services ETF during the 4th quarter worth approximately $1,238,000. SBI Securities Co. Ltd. acquired a new position in iShares Global Comm Services ETF during the 4th quarter worth approximately $75,000. Jones Financial Companies Lllp grew its holdings in iShares Global Comm Services ETF by 78.9% during the 4th quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $209,000 after acquiring an additional 953 shares in the last quarter. Corrado Advisors LLC grew its holdings in iShares Global Comm Services ETF by 1.6% during the 4th quarter. Corrado Advisors LLC now owns 33,849 shares of the company’s stock worth $3,272,000 after acquiring an additional 534 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC acquired a new position in iShares Global Comm Services ETF during the 4th quarter worth approximately $34,000.

iShares Global Comm Services ETF Stock Up 0.6 %

NYSEARCA IXP opened at $99.11 on Friday. iShares Global Comm Services ETF has a 52 week low of $79.70 and a 52 week high of $107.18. The stock has a market capitalization of $416.26 million, a PE ratio of 20.68 and a beta of 0.87. The firm has a 50 day moving average of $101.76 and a two-hundred day moving average of $97.49.

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.