iShares Global 100 ETF (NYSEARCA:IOO – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $130.21 and last traded at $130.08, with a volume of 106450 shares. The stock had previously closed at $128.44.
iShares Global 100 ETF Trading Up 1.3%
The stock’s fifty day moving average price is $125.03 and its 200-day moving average price is $125.11. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of 24.21 and a beta of 0.94.
Institutional Investors Weigh In On iShares Global 100 ETF
A number of institutional investors have recently made changes to their positions in IOO. LPL Financial LLC increased its position in shares of iShares Global 100 ETF by 12.4% during the fourth quarter. LPL Financial LLC now owns 1,219,233 shares of the company’s stock valued at $154,440,000 after acquiring an additional 134,689 shares during the last quarter. Retirement Management Systems Inc. acquired a new stake in shares of iShares Global 100 ETF during the fourth quarter valued at about $13,829,000. Jane Street Group LLC acquired a new stake in shares of iShares Global 100 ETF during the first quarter valued at about $7,860,000. Stephens Inc. AR increased its position in shares of iShares Global 100 ETF by 23.7% during the third quarter. Stephens Inc. AR now owns 418,444 shares of the company’s stock valued at $50,217,000 after acquiring an additional 80,281 shares during the last quarter. Finally, Green Ridge Wealth Planning LLC acquired a new stake in shares of iShares Global 100 ETF during the fourth quarter valued at about $9,645,000.
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. These companies are liquid and represent some of the multi-national businesses in the world. The Index is a subset of the S&P Global 1200 Index, and consists of 100 common stocks, screened for sector representation, liquidity and size.
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