iShares Global 100 ETF (NYSEARCA:IOO) Sets New 1-Year High – What’s Next?

Shares of iShares Global 100 ETF (NYSEARCA:IOO) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $122.67 and last traded at $122.64, with a volume of 24732 shares. The stock had previously closed at $121.62.

iShares Global 100 ETF Stock Performance

The firm has a fifty day simple moving average of $118.13 and a 200-day simple moving average of $108.92. The company has a market capitalization of $7.57 billion, a PE ratio of 24.21 and a beta of 0.92.

Institutional Investors Weigh In On iShares Global 100 ETF

Several institutional investors and hedge funds have recently made changes to their positions in IOO. Mather Group LLC. raised its position in shares of iShares Global 100 ETF by 0.4% during the 1st quarter. Mather Group LLC. now owns 274,898 shares of the company’s stock valued at $26,470,000 after acquiring an additional 1,142 shares in the last quarter. Private Trust Co. NA acquired a new stake in shares of iShares Global 100 ETF during the 1st quarter valued at approximately $61,000. Revisor Wealth Management LLC acquired a new stake in shares of iShares Global 100 ETF during the 1st quarter valued at approximately $284,000. Silver Oak Securities Incorporated raised its position in shares of iShares Global 100 ETF by 2.3% during the 1st quarter. Silver Oak Securities Incorporated now owns 102,788 shares of the company’s stock valued at $9,888,000 after acquiring an additional 2,310 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of iShares Global 100 ETF during the 1st quarter valued at approximately $517,000.

About iShares Global 100 ETF

iShares Global 100 ETF (the Fund), formerly iShares S&P Global 100 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 100 Index (the Index). The Index is designed to measure the performance of 100 large-capitalization global companies.