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

iShares Global 100 ETF (NYSEARCA:IOO)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $138.49 and last traded at $138.40, with a volume of 13352 shares trading hands. The stock had previously closed at $136.53.

iShares Global 100 ETF Price Performance

The firm has a market capitalization of $8.71 billion, a P/E ratio of 24.21 and a beta of 0.95. The firm’s fifty day moving average price is $126.52 and its 200-day moving average price is $126.37.

Institutional Trading of iShares Global 100 ETF

Institutional investors have recently modified their holdings of the company. Cambridge Financial Group LLC acquired a new stake in shares of iShares Global 100 ETF in the fourth quarter valued at $591,000. Citigroup Inc. lifted its stake in iShares Global 100 ETF by 2.8% during the third quarter. Citigroup Inc. now owns 149,514 shares of the company’s stock valued at $17,943,000 after purchasing an additional 4,103 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in iShares Global 100 ETF by 12.2% during the third quarter. Jones Financial Companies Lllp now owns 96,485 shares of the company’s stock valued at $11,476,000 after purchasing an additional 10,468 shares during the last quarter. 180 Wealth Advisors LLC lifted its stake in iShares Global 100 ETF by 9.5% during the fourth quarter. 180 Wealth Advisors LLC now owns 48,065 shares of the company’s stock valued at $6,088,000 after purchasing an additional 4,183 shares during the last quarter. Finally, Jennison Associates LLC acquired a new stake in iShares Global 100 ETF during the fourth quarter valued at approximately $1,012,000.

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. 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.