iShares Global 100 ETF (NYSEARCA:IOO) Sets New 52-Week High – Here’s What Happened

iShares Global 100 ETF (NYSEARCA:IOO) reached a new 52-week high during trading on Tuesday . The stock traded as high as $142.72 and last traded at $142.66, with a volume of 44884 shares trading hands. The stock had previously closed at $141.57.

iShares Global 100 ETF Price Performance

The company’s 50 day moving average price is $131.64 and its 200 day moving average price is $128.44. The firm has a market cap of $8.94 billion, a PE ratio of 24.21 and a beta of 0.95.

Institutional Trading of iShares Global 100 ETF

Several hedge funds have recently added to or reduced their stakes in IOO. Cambridge Financial Group LLC acquired a new stake in iShares Global 100 ETF during the fourth quarter worth approximately $591,000. Citigroup Inc. raised its holdings in iShares Global 100 ETF by 2.8% during the third quarter. Citigroup Inc. now owns 149,514 shares of the company’s stock worth $17,943,000 after purchasing an additional 4,103 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Global 100 ETF by 12.2% during the third quarter. Jones Financial Companies Lllp now owns 96,485 shares of the company’s stock worth $11,476,000 after purchasing an additional 10,468 shares in the last quarter. 180 Wealth Advisors LLC lifted its position in iShares Global 100 ETF by 9.5% in the fourth quarter. 180 Wealth Advisors LLC now owns 48,065 shares of the company’s stock valued at $6,088,000 after acquiring an additional 4,183 shares during the last quarter. Finally, Twelve Points Wealth Management LLC boosted its stake in iShares Global 100 ETF by 65.1% in the fourth quarter. Twelve Points Wealth Management LLC now owns 155,216 shares of the company’s stock valued at $19,939,000 after acquiring an additional 61,210 shares in 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.