Kane Investment Management Inc. Sells 577 Shares of iShares Global 100 ETF $IOO

Kane Investment Management Inc. cut its stake in shares of iShares Global 100 ETF (NYSEARCA:IOO) by 3.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,926 shares of the company’s stock after selling 577 shares during the quarter. Kane Investment Management Inc.’s holdings in iShares Global 100 ETF were worth $1,609,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IOO. Geneos Wealth Management Inc. raised its position in iShares Global 100 ETF by 8.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 6,730 shares of the company’s stock worth $648,000 after buying an additional 550 shares during the last quarter. Cerity Partners LLC boosted its holdings in iShares Global 100 ETF by 1.4% in the first quarter. Cerity Partners LLC now owns 17,797 shares of the company’s stock worth $1,714,000 after purchasing an additional 250 shares during the last quarter. Citigroup Inc. boosted its holdings in iShares Global 100 ETF by 4.3% in the first quarter. Citigroup Inc. now owns 148,899 shares of the company’s stock worth $14,338,000 after purchasing an additional 6,083 shares during the last quarter. Fischer Investment Strategies LLC grew its position in iShares Global 100 ETF by 50.0% in the 2nd quarter. Fischer Investment Strategies LLC now owns 14,291 shares of the company’s stock worth $1,541,000 after purchasing an additional 4,761 shares during the period. Finally, Americana Partners LLC bought a new position in shares of iShares Global 100 ETF during the 2nd quarter valued at $208,000.

iShares Global 100 ETF Price Performance

Shares of IOO opened at $124.91 on Friday. The firm has a market capitalization of $7.76 billion, a P/E ratio of 24.21 and a beta of 0.93. iShares Global 100 ETF has a one year low of $82.79 and a one year high of $127.24. The business has a fifty day moving average of $121.39 and a 200 day moving average of $112.34.

iShares Global 100 ETF 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.