Northwestern Mutual Wealth Management Co. Reduces Stock Position in iShares Global 100 ETF $IOO

Northwestern Mutual Wealth Management Co. trimmed its position in iShares Global 100 ETF (NYSEARCA:IOO) by 1.7% during the 4th quarter, HoldingsChannel reports. The firm owned 2,780,348 shares of the company’s stock after selling 48,264 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Global 100 ETF were worth $352,187,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE boosted its position 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 worth $101,384,000 after purchasing an additional 11,549 shares during the last quarter. Raymond James Financial Inc. boosted its position in 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 worth $78,956,000 after purchasing an additional 5,826 shares during the last quarter. Stephens Inc. AR boosted its position in iShares Global 100 ETF by 12.7% in the fourth quarter. Stephens Inc. AR now owns 471,532 shares of the company’s stock worth $59,729,000 after purchasing an additional 53,088 shares during the last quarter. UBS Group AG boosted its position in iShares Global 100 ETF by 19.4% in the fourth quarter. UBS Group AG now owns 454,693 shares of the company’s stock worth $57,596,000 after purchasing an additional 73,860 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in iShares Global 100 ETF by 4.7% in the third quarter. Ameriprise Financial Inc. now owns 288,314 shares of the company’s stock worth $34,595,000 after purchasing an additional 12,848 shares during the last quarter.

iShares Global 100 ETF Price Performance

Shares of iShares Global 100 ETF stock opened at $142.85 on Friday. The company’s fifty day simple moving average is $131.64 and its 200-day simple moving average is $128.44. The stock has a market capitalization of $8.94 billion, a PE ratio of 24.21 and a beta of 0.95. iShares Global 100 ETF has a 1-year low of $101.72 and a 1-year high of $142.95.

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.