iShares Global 100 ETF (NYSEARCA:IOO) Reaches New 52-Week High – What’s Next?

iShares Global 100 ETF (NYSEARCA:IOO)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $128.00 and last traded at $128.2290, with a volume of 4090 shares trading hands. The stock had previously closed at $127.37.

iShares Global 100 ETF Stock Performance

The business has a 50 day moving average price of $125.78 and a two-hundred day moving average price of $118.33. The company has a market cap of $7.90 billion, a P/E ratio of 24.21 and a beta of 0.93.

Institutional Trading of iShares Global 100 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IOO. Annex Advisory Services LLC increased its stake in shares of iShares Global 100 ETF by 31.0% in the second quarter. Annex Advisory Services LLC now owns 1,422,141 shares of the company’s stock worth $153,321,000 after buying an additional 336,185 shares during the period. Jane Street Group LLC purchased a new stake in iShares Global 100 ETF during the 1st quarter valued at $7,860,000. Stephens Inc. AR grew its holdings in iShares Global 100 ETF by 23.7% in the 3rd quarter. Stephens Inc. AR now owns 418,444 shares of the company’s stock worth $50,217,000 after acquiring an additional 80,281 shares during the last quarter. Twelve Points Wealth Management LLC increased its position in shares of iShares Global 100 ETF by 152.6% in the third quarter. Twelve Points Wealth Management LLC now owns 94,006 shares of the company’s stock valued at $11,282,000 after acquiring an additional 56,789 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of iShares Global 100 ETF by 11.7% during the second quarter. Envestnet Asset Management Inc. now owns 387,294 shares of the company’s stock valued at $41,754,000 after acquiring an additional 40,655 shares during the last quarter.

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.