Corrado Advisors LLC Has $3.66 Million Stake in iShares Global Comm Services ETF $IXP

Corrado Advisors LLC lessened its holdings in iShares Global Comm Services ETF (NYSEARCA:IXP) by 17.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,874 shares of the company’s stock after selling 6,675 shares during the period. iShares Global Comm Services ETF comprises 1.9% of Corrado Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Corrado Advisors LLC owned 0.66% of iShares Global Comm Services ETF worth $3,661,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Financial Management Professionals Inc. purchased a new stake in iShares Global Comm Services ETF in the 4th quarter valued at $2,254,000. HighTower Advisors LLC boosted its holdings in iShares Global Comm Services ETF by 9,233.6% during the 4th quarter. HighTower Advisors LLC now owns 153,911 shares of the company’s stock worth $18,657,000 after acquiring an additional 152,262 shares during the last quarter. AE Wealth Management LLC grew its stake in shares of iShares Global Comm Services ETF by 10.6% in the 4th quarter. AE Wealth Management LLC now owns 50,177 shares of the company’s stock worth $6,082,000 after acquiring an additional 4,806 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Global Comm Services ETF by 21,369.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 32,634 shares of the company’s stock worth $3,884,000 after acquiring an additional 32,482 shares in the last quarter. Finally, Paragon Advisors LLC purchased a new stake in shares of iShares Global Comm Services ETF in the fourth quarter valued at about $2,614,000.

iShares Global Comm Services ETF Price Performance

IXP opened at $118.14 on Friday. The firm has a market capitalization of $543.44 million, a P/E ratio of 19.46 and a beta of 0.90. iShares Global Comm Services ETF has a fifty-two week low of $109.50 and a fifty-two week high of $126.92. The company’s 50-day moving average is $119.80 and its 200 day moving average is $120.10.

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.