iShares Global 100 ETF (NYSEARCA:IOO) Reaches New 1-Year High – What’s Next?

Shares of iShares Global 100 ETF (NYSEARCA:IOO) hit a new 52-week high during trading on Thursday . The stock traded as high as $135.00 and last traded at $133.92, with a volume of 43791 shares traded. The stock had previously closed at $133.49.

iShares Global 100 ETF Stock Performance

The firm’s 50 day moving average price is $126.36 and its two-hundred day moving average price is $126.16. The company has a market cap of $8.50 billion, a P/E ratio of 24.21 and a beta of 0.95.

Institutional Investors Weigh In On iShares Global 100 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IOO. Cambridge Financial Group LLC bought a new position in iShares Global 100 ETF in the fourth quarter worth approximately $591,000. Citigroup Inc. increased its holdings in shares of 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 acquiring an additional 4,103 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of 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 worth $11,476,000 after purchasing an additional 10,468 shares during the period. 180 Wealth Advisors LLC raised its position in shares of 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 worth $6,088,000 after purchasing an additional 4,183 shares during the period. Finally, Adapt Wealth Advisors LLC bought a new position in shares of iShares Global 100 ETF in the 3rd quarter worth $2,319,000.

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.