iShares Global 100 ETF (NYSEARCA:IOO) Sets New 12-Month High – What’s Next?

iShares Global 100 ETF (NYSEARCA:IOO)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $101.34 and last traded at $101.27, with a volume of 149833 shares. The stock had previously closed at $100.31.

iShares Global 100 ETF Trading Up 1.3 %

The stock has a market cap of $5.98 billion, a P/E ratio of 22.80 and a beta of 1.00. The company’s 50 day moving average price is $98.22 and its two-hundred day moving average price is $95.84.

Institutional Investors Weigh In On iShares Global 100 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets purchased a new stake in iShares Global 100 ETF during the 1st quarter valued at approximately $2,834,000. Janney Montgomery Scott LLC grew its holdings in iShares Global 100 ETF by 1.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 42,404 shares of the company’s stock valued at $3,791,000 after buying an additional 409 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in iShares Global 100 ETF by 47.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,195 shares of the company’s stock valued at $375,000 after buying an additional 1,350 shares in the last quarter. Howard Wealth Management LLC grew its holdings in iShares Global 100 ETF by 1.4% during the 1st quarter. Howard Wealth Management LLC now owns 12,797 shares of the company’s stock valued at $1,144,000 after buying an additional 181 shares in the last quarter. Finally, Abbrea Capital LLC grew its holdings in iShares Global 100 ETF by 1.7% during the 1st quarter. Abbrea Capital LLC now owns 12,240 shares of the company’s stock valued at $1,094,000 after buying an additional 200 shares in 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.