iShares Global Comm Services ETF (NYSEARCA:IXP) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its position in shares of iShares Global Comm Services ETF (NYSEARCA:IXP) by 13.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 13,498 shares of the company’s stock after selling 2,058 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Global Comm Services ETF were worth $1,305,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IXP. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares Global Comm Services ETF during the 4th quarter valued at about $34,000. SBI Securities Co. Ltd. purchased a new position in iShares Global Comm Services ETF during the fourth quarter worth approximately $75,000. Jones Financial Companies Lllp grew its holdings in iShares Global Comm Services ETF by 78.9% in the fourth quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $209,000 after purchasing an additional 953 shares during the period. HighTower Advisors LLC acquired a new stake in iShares Global Comm Services ETF in the third quarter valued at approximately $267,000. Finally, Gladstone Institutional Advisory LLC increased its position in shares of iShares Global Comm Services ETF by 4.8% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 4,863 shares of the company’s stock valued at $470,000 after buying an additional 221 shares in the last quarter.

iShares Global Comm Services ETF Price Performance

Shares of NYSEARCA:IXP opened at $97.02 on Tuesday. The business’s 50 day moving average price is $102.04 and its 200-day moving average price is $98.06. iShares Global Comm Services ETF has a 1 year low of $79.70 and a 1 year high of $107.18. The firm has a market capitalization of $344.42 million, a price-to-earnings ratio of 20.08 and a beta of 0.87.

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.