iShares Global 100 ETF (NYSEARCA:IOO) Reaches New 1-Year High – Here’s What Happened

iShares Global 100 ETF (NYSEARCA:IOO) hit a new 52-week high during trading on Tuesday . The stock traded as high as $127.31 and last traded at $127.3150, with a volume of 8845 shares trading hands. The stock had previously closed at $126.54.

iShares Global 100 ETF Price Performance

The stock has a market cap of $7.86 billion, a price-to-earnings ratio of 24.21 and a beta of 0.93. The company’s 50 day moving average is $123.20 and its 200 day moving average is $114.81.

Institutional Investors Weigh In On iShares Global 100 ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Annex Advisory Services LLC raised its holdings in iShares Global 100 ETF by 31.0% during the second quarter. Annex Advisory Services LLC now owns 1,422,141 shares of the company’s stock worth $153,321,000 after purchasing an additional 336,185 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Global 100 ETF by 1.4% in the third quarter. Bank of America Corp DE now owns 844,798 shares of the company’s stock valued at $101,384,000 after purchasing an additional 11,549 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iShares Global 100 ETF by 0.9% in the third quarter. Raymond James Financial Inc. now owns 657,915 shares of the company’s stock valued at $78,956,000 after buying an additional 5,826 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares Global 100 ETF by 0.8% in the first quarter. Ameriprise Financial Inc. now owns 455,367 shares of the company’s stock valued at $43,977,000 after buying an additional 3,484 shares in the last quarter. Finally, Stephens Inc. AR raised its stake in shares of iShares Global 100 ETF by 23.7% during the 3rd quarter. Stephens Inc. AR now owns 418,444 shares of the company’s stock worth $50,217,000 after buying an additional 80,281 shares during the last quarter.

iShares Global 100 ETF Company 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.