Merit Financial Group LLC Sells 10,800 Shares of iShares Global 100 ETF $IOO

Merit Financial Group LLC trimmed its holdings in shares of iShares Global 100 ETF (NYSEARCA:IOO) by 54.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,039 shares of the company’s stock after selling 10,800 shares during the period. Merit Financial Group LLC’s holdings in iShares Global 100 ETF were worth $1,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Mascagni Wealth Management Inc. boosted its stake in shares of iShares Global 100 ETF by 2.2% during the third quarter. Mascagni Wealth Management Inc. now owns 3,988 shares of the company’s stock valued at $479,000 after purchasing an additional 84 shares in the last quarter. RFG Advisory LLC raised its stake in iShares Global 100 ETF by 1.2% in the second quarter. RFG Advisory LLC now owns 8,115 shares of the company’s stock worth $875,000 after buying an additional 94 shares in the last quarter. Huntington National Bank lifted its holdings in iShares Global 100 ETF by 6.3% during the second quarter. Huntington National Bank now owns 2,688 shares of the company’s stock worth $290,000 after buying an additional 159 shares during the period. LongView Wealth Management boosted its position in iShares Global 100 ETF by 5.3% during the 3rd quarter. LongView Wealth Management now owns 3,365 shares of the company’s stock valued at $404,000 after acquiring an additional 170 shares in the last quarter. Finally, Cape Investment Advisory Inc. boosted its position in iShares Global 100 ETF by 5.3% during the 2nd quarter. Cape Investment Advisory Inc. now owns 3,867 shares of the company’s stock valued at $417,000 after acquiring an additional 193 shares in the last quarter.

iShares Global 100 ETF Trading Up 0.2%

IOO opened at $127.93 on Wednesday. The firm has a market cap of $8.10 billion, a price-to-earnings 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 $128.45. The stock has a fifty day moving average price of $125.88 and a 200-day moving average price of $118.78.

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.