iShares Global 100 ETF (NYSEARCA:IOO) Sees Large Volume Increase – Here’s What Happened

iShares Global 100 ETF (NYSEARCA:IOO) shares saw an uptick in trading volume on Tuesday . 268,048 shares were traded during trading, an increase of 67% from the previous session’s volume of 160,264 shares.The stock last traded at $102.64 and had previously closed at $103.00.

iShares Global 100 ETF Trading Down 0.4 %

The stock has a market capitalization of $6.04 billion, a P/E ratio of 22.80 and a beta of 1.00. The business has a fifty day simple moving average of $100.34 and a 200 day simple moving average of $97.89.

Institutional Investors Weigh In On iShares Global 100 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in shares of iShares Global 100 ETF by 15.0% in the 2nd quarter. Raymond James & Associates now owns 358,876 shares of the company’s stock worth $34,660,000 after buying an additional 46,770 shares during the last quarter. Atria Wealth Solutions Inc. increased its stake in shares of iShares Global 100 ETF by 45.9% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 33,147 shares of the company’s stock worth $3,201,000 after purchasing an additional 10,423 shares during the last quarter. Darrow Company Inc. bought a new stake in shares of iShares Global 100 ETF in the 2nd quarter worth approximately $213,000. All Season Financial Advisors Inc. bought a new stake in shares of iShares Global 100 ETF in the 2nd quarter worth approximately $873,000. Finally, Secure Asset Management LLC purchased a new position in iShares Global 100 ETF in the second quarter valued at approximately $210,000.

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.