iShares Global 100 ETF (NYSEARCA:IOO) Sets New 12-Month High – What’s Next?

iShares Global 100 ETF (NYSEARCA:IOO) shares reached a new 52-week high on Thursday . The stock traded as high as $101.34 and last traded at $101.27, with a volume of 149833 shares traded. The stock had previously closed at $100.31.

iShares Global 100 ETF Price Performance

The firm’s 50 day moving average is $98.22 and its 200 day moving average is $95.84. The company has a market cap of $5.98 billion, a PE ratio of 22.80 and a beta of 1.00.

Institutional Trading of iShares Global 100 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Global 100 ETF by 4.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,601,247 shares of the company’s stock valued at $347,809,000 after acquiring an additional 163,712 shares during the period. Amplius Wealth Advisors LLC lifted its stake in iShares Global 100 ETF by 1.3% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 916,550 shares of the company’s stock valued at $90,879,000 after acquiring an additional 11,760 shares during the period. LPL Financial LLC lifted its stake in iShares Global 100 ETF by 14.8% during the 2nd quarter. LPL Financial LLC now owns 722,965 shares of the company’s stock valued at $69,824,000 after acquiring an additional 93,341 shares during the period. Waddell & Associates LLC lifted its stake in iShares Global 100 ETF by 0.6% during the 2nd quarter. Waddell & Associates LLC now owns 667,847 shares of the company’s stock valued at $64,501,000 after acquiring an additional 3,692 shares during the period. Finally, Assetmark Inc. lifted its stake in iShares Global 100 ETF by 1,172.2% during the 3rd quarter. Assetmark Inc. now owns 640,083 shares of the company’s stock valued at $63,471,000 after acquiring an additional 589,771 shares during the period.

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.