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

iShares Global 100 ETF (NYSEARCA:IOO)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $103.66 and last traded at $103.62, with a volume of 34297 shares changing hands. The stock had previously closed at $103.30.

iShares Global 100 ETF Stock Up 0.2 %

The business has a 50-day moving average of $100.65 and a 200-day moving average of $98.23. The stock has a market cap of $6.09 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00.

Institutional Investors Weigh In On iShares Global 100 ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Global 100 ETF by 4.8% in 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 buying an additional 163,712 shares during the period. Amplius Wealth Advisors LLC boosted its stake in shares of iShares Global 100 ETF by 1.3% in the 3rd quarter. Amplius Wealth Advisors LLC now owns 916,550 shares of the company’s stock valued at $90,879,000 after purchasing an additional 11,760 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares Global 100 ETF by 14.8% during the 2nd quarter. LPL Financial LLC now owns 722,965 shares of the company’s stock worth $69,824,000 after buying an additional 93,341 shares during the period. Waddell & Associates LLC raised its stake in shares of iShares Global 100 ETF by 1.7% during the third quarter. Waddell & Associates LLC now owns 679,014 shares of the company’s stock worth $67,331,000 after buying an additional 11,167 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in iShares Global 100 ETF by 1,172.2% in the third 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 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.