iShares Global Comm Services ETF (NYSEARCA:IXP – Get Free Report) saw unusually-high trading volume on Thursday . 93,089 shares were traded during trading, an increase of 153% from the previous session’s volume of 36,723 shares.The stock last traded at $111.73 and had previously closed at $115.22.
iShares Global Comm Services ETF Price Performance
The firm has a market cap of $515.15 million, a price-to-earnings ratio of 19.46 and a beta of 0.90. The business’s 50-day moving average price is $118.25 and its two-hundred day moving average price is $119.77.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new position in shares of iShares Global Comm Services ETF during the 4th quarter worth $31,000. Goodman Advisory Group LLC purchased a new stake in shares of iShares Global Comm Services ETF in the first quarter valued at $40,000. AlphaCore Capital LLC increased its stake in iShares Global Comm Services ETF by 4,300.0% in the fourth quarter. AlphaCore Capital LLC now owns 484 shares of the company’s stock valued at $59,000 after purchasing an additional 473 shares during the last quarter. Parallel Advisors LLC increased its stake in iShares Global Comm Services ETF by 19.2% in the first quarter. Parallel Advisors LLC now owns 1,514 shares of the company’s stock valued at $174,000 after purchasing an additional 244 shares during the last quarter. Finally, KCM Investment Advisors LLC acquired a new position in iShares Global Comm Services ETF in the fourth quarter valued at $201,000.
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.
Further Reading
- Five stocks we like better than iShares Global Comm Services ETF
- MarketBeat Week in Review – 07/20- 07/24
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
Receive News & Ratings for iShares Global Comm Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Comm Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.
