iShares Global 100 ETF (NYSEARCA:IOO – Get Free Report) saw strong trading volume on Friday . Approximately 825,190 shares were traded during mid-day trading, an increase of 279% from the previous session’s volume of 217,893 shares.The stock last traded at $144.4550 and had previously closed at $142.57.
iShares Global 100 ETF Stock Up 1.1%
The company has a 50-day simple moving average of $142.13 and a two-hundred day simple moving average of $135.84. The stock has a market cap of $9.11 billion, a P/E ratio of 24.21 and a beta of 0.95.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC bought a new stake in iShares Global 100 ETF in the 1st quarter worth $1,295,000. Jane Street Group LLC bought a new position in shares of iShares Global 100 ETF during the first quarter valued at about $7,860,000. Marshall Wace LLP bought a new position in shares of iShares Global 100 ETF during the second quarter valued at about $2,003,000. Bank of Nova Scotia purchased a new stake in shares of iShares Global 100 ETF during the second quarter worth about $216,000. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of iShares Global 100 ETF during the second quarter worth about $991,000.
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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