Jane Street Group LLC Has $1.87 Million Stock Holdings in iShares Global Comm Services ETF (NYSEARCA:IXP)

Jane Street Group LLC decreased its stake in iShares Global Comm Services ETF (NYSEARCA:IXP) by 57.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,313 shares of the company’s stock after selling 25,911 shares during the period. Jane Street Group LLC’s holdings in iShares Global Comm Services ETF were worth $1,867,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IXP. LPL Financial LLC grew its stake in iShares Global Comm Services ETF by 1.2% during the fourth quarter. LPL Financial LLC now owns 56,143 shares of the company’s stock worth $5,427,000 after purchasing an additional 658 shares during the period. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares Global Comm Services ETF during the fourth quarter worth approximately $34,000. Janney Montgomery Scott LLC grew its stake in iShares Global Comm Services ETF by 4.5% during 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 during the period. JPMorgan Chase & Co. grew its stake in iShares Global Comm Services ETF by 8.4% during the fourth quarter. JPMorgan Chase & Co. now owns 12,120 shares of the company’s stock worth $1,172,000 after purchasing an additional 937 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in iShares Global Comm Services ETF by 2.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 8,836 shares of the company’s stock worth $854,000 after purchasing an additional 223 shares during the period.

iShares Global Comm Services ETF Price Performance

NYSEARCA IXP opened at $104.31 on Friday. The business has a 50 day simple moving average of $97.27 and a 200 day simple moving average of $98.81. iShares Global Comm Services ETF has a one year low of $82.18 and a one year high of $107.18. The stock has a market capitalization of $370.30 million, a P/E ratio of 20.12 and a beta of 0.88.

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.