Merit Financial Group LLC Has $1.09 Million Stock Holdings in iShares Global 100 ETF $IOO

Merit Financial Group LLC reduced its position in iShares Global 100 ETF (NYSEARCA:IOO) by 54.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,039 shares of the company’s stock after selling 10,800 shares during the period. Merit Financial Group LLC’s holdings in iShares Global 100 ETF were worth $1,085,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Financial Consulate Inc. bought a new stake in iShares Global 100 ETF during the third quarter worth $33,000. First Horizon Advisors Inc. purchased a new position in shares of iShares Global 100 ETF in the 2nd quarter worth approximately $39,000. N.E.W. Advisory Services LLC grew its holdings in shares of 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. Rossmore Private Capital purchased a new position in iShares Global 100 ETF in the third quarter worth $48,000. Finally, Ameritas Investment Partners Inc. grew its stake in iShares Global 100 ETF by 120.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 552 shares of the company’s stock valued at $59,000 after purchasing an additional 302 shares during the period.

iShares Global 100 ETF Trading Up 0.5%

iShares Global 100 ETF stock opened at $126.82 on Wednesday. iShares Global 100 ETF has a 12 month low of $82.79 and a 12 month high of $130.15. The business’s 50 day simple moving average is $127.44 and its 200 day simple moving average is $122.71. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 24.21 and a beta of 0.93.

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.