iShares Global 100 ETF (NYSEARCA:IOO) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Global 100 ETF (NYSEARCA:IOO) saw unusually-high trading volume on Thursday . Approximately 241,803 shares traded hands during trading, an increase of 28% from the previous session’s volume of 188,547 shares.The stock last traded at $126.7270 and had previously closed at $126.93.

iShares Global 100 ETF Trading Up 0.1%

The firm has a market capitalization of $7.87 billion, a P/E ratio of 24.21 and a beta of 0.93. The stock has a 50-day simple moving average of $123.52 and a two-hundred day simple moving average of $115.05.

Institutional Investors Weigh In On iShares Global 100 ETF

Several large investors have recently modified their holdings of IOO. Sound Income Strategies LLC lifted its stake in shares of iShares Global 100 ETF by 605.9% during the 2nd quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after purchasing an additional 206 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of iShares Global 100 ETF during the 3rd quarter worth approximately $33,000. First Horizon Advisors Inc. purchased a new stake in iShares Global 100 ETF during the second quarter valued at approximately $39,000. N.E.W. Advisory Services LLC boosted its stake in iShares Global 100 ETF by 146.2% in the third quarter. N.E.W. Advisory Services LLC now owns 384 shares of the company’s stock valued at $46,000 after acquiring an additional 228 shares in the last quarter. Finally, Rossmore Private Capital purchased a new position in iShares Global 100 ETF in the third quarter worth $48,000.

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.