iShares Global 100 ETF (NYSEARCA:IOO) Hits New 1-Year High – Still a Buy?

iShares Global 100 ETF (NYSEARCA:IOO)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $103.66 and last traded at $103.50, with a volume of 31606 shares changing hands. The stock had previously closed at $102.53.

iShares Global 100 ETF Stock Down 0.3 %

The company has a market cap of $6.11 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00. The business’s fifty day simple moving average is $101.32 and its two-hundred day simple moving average is $98.88.

Institutional Investors Weigh In On iShares Global 100 ETF

Several large investors have recently modified their holdings of the company. Bleakley Financial Group LLC grew its holdings in shares of iShares Global 100 ETF by 0.6% during the third quarter. Bleakley Financial Group LLC now owns 25,888 shares of the company’s stock worth $2,567,000 after buying an additional 157 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of iShares Global 100 ETF by 1.6% in the 3rd quarter. HighTower Advisors LLC now owns 11,831 shares of the company’s stock valued at $1,174,000 after purchasing an additional 181 shares during the last quarter. First Heartland Consultants Inc. increased its holdings in shares of iShares Global 100 ETF by 3.0% in the third quarter. First Heartland Consultants Inc. now owns 6,236 shares of the company’s stock valued at $618,000 after purchasing an additional 182 shares during the period. Glass Jacobson Investment Advisors llc increased its holdings in shares of iShares Global 100 ETF by 16.9% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,258 shares of the company’s stock valued at $125,000 after purchasing an additional 182 shares during the period. Finally, NBC Securities Inc. raised its stake in shares of iShares Global 100 ETF by 352.4% during the third quarter. NBC Securities Inc. now owns 285 shares of the company’s stock worth $28,000 after purchasing an additional 222 shares during the last quarter.

iShares Global 100 ETF Company Profile

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.