Hershey Financial Advisers LLC Takes Position in iShares Global 100 ETF $IOO

Hershey Financial Advisers LLC purchased a new position in shares of iShares Global 100 ETF (NYSEARCA:IOO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,245 shares of the company’s stock, valued at approximately $458,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Sound Income Strategies LLC lifted its position in shares of iShares Global 100 ETF by 605.9% during the 2nd quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after acquiring an additional 206 shares during the period. First Horizon Advisors Inc. acquired a new position in iShares Global 100 ETF in the second quarter valued at about $39,000. Ameritas Investment Partners Inc. raised its stake in iShares Global 100 ETF by 120.8% in the second quarter. Ameritas Investment Partners Inc. now owns 552 shares of the company’s stock valued at $59,000 after purchasing an additional 302 shares in the last quarter. Rosenberg Matthew Hamilton bought a new stake in iShares Global 100 ETF during the second quarter worth about $76,000. Finally, Trust Co. of Vermont grew its stake in iShares Global 100 ETF by 338.5% during the second quarter. Trust Co. of Vermont now owns 1,026 shares of the company’s stock worth $111,000 after buying an additional 792 shares in the last quarter.

iShares Global 100 ETF Stock Down 1.4%

IOO stock opened at $125.74 on Friday. The company’s 50-day moving average price is $124.15 and its two-hundred day moving average price is $116.02. The firm has a market cap of $7.81 billion, a P/E ratio of 24.21 and a beta of 0.93. iShares Global 100 ETF has a 12 month low of $82.79 and a 12 month high of $127.71.

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.