iShares Global 100 ETF (NYSEARCA:IOO) Hits New 52-Week High – Time to Buy?

iShares Global 100 ETF (NYSEARCA:IOO)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as $104.56 and last traded at $104.68, with a volume of 5605 shares changing hands. The stock had previously closed at $104.38.

iShares Global 100 ETF Trading Up 0.2 %

The stock has a fifty day moving average of $102.16 and a 200-day moving average of $99.43. The firm has a market capitalization of $6.16 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00.

Institutional Trading of iShares Global 100 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. NBC Securities Inc. grew its position in iShares Global 100 ETF by 352.4% during the 3rd quarter. NBC Securities Inc. now owns 285 shares of the company’s stock worth $28,000 after purchasing an additional 222 shares in the last quarter. Global Retirement Partners LLC raised its position in iShares Global 100 ETF by 53.4% during the third quarter. Global Retirement Partners LLC now owns 8,612 shares of the company’s stock valued at $854,000 after buying an additional 2,997 shares during the period. Bleakley Financial Group LLC lifted its stake in iShares Global 100 ETF by 0.6% in the 3rd quarter. Bleakley Financial Group LLC now owns 25,888 shares of the company’s stock worth $2,567,000 after acquiring an additional 157 shares in the last quarter. Secure Asset Management LLC lifted its stake in iShares Global 100 ETF by 35.6% in the 3rd quarter. Secure Asset Management LLC now owns 2,943 shares of the company’s stock worth $292,000 after acquiring an additional 773 shares in the last quarter. Finally, Raymond James & Associates boosted its position in iShares Global 100 ETF by 10.2% during the 3rd quarter. Raymond James & Associates now owns 395,636 shares of the company’s stock worth $39,231,000 after acquiring an additional 36,760 shares during the period.

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.