iShares Global 100 ETF (NYSEARCA:IOO) Sets New 52-Week High – Here’s What Happened

iShares Global 100 ETF (NYSEARCA:IOO)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $140.61 and last traded at $140.07, with a volume of 153829 shares trading hands. The stock had previously closed at $140.08.

iShares Global 100 ETF Stock Performance

The company has a 50 day moving average of $127.39 and a two-hundred day moving average of $126.89. The stock has a market cap of $8.76 billion, a PE ratio of 24.21 and a beta of 0.95.

Hedge Funds Weigh In On iShares Global 100 ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. CWM LLC increased its stake in shares of iShares Global 100 ETF by 7.1% in the 4th quarter. CWM LLC now owns 1,279 shares of the company’s stock valued at $162,000 after purchasing an additional 85 shares in the last quarter. Powell Investment Advisors LLC increased its stake in iShares Global 100 ETF by 0.3% during the 1st quarter. Powell Investment Advisors LLC now owns 29,609 shares of the company’s stock worth $3,582,000 after buying an additional 87 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in iShares Global 100 ETF by 1.7% during the 4th quarter. Concurrent Investment Advisors LLC now owns 5,461 shares of the company’s stock worth $692,000 after buying an additional 90 shares in the last quarter. KPP Advisory Services LLC increased its stake in iShares Global 100 ETF by 1.1% during the 1st quarter. KPP Advisory Services LLC now owns 8,846 shares of the company’s stock worth $1,070,000 after buying an additional 94 shares in the last quarter. Finally, Howard Wealth Management LLC increased its stake in iShares Global 100 ETF by 0.8% during the 3rd quarter. Howard Wealth Management LLC now owns 12,894 shares of the company’s stock worth $1,548,000 after buying an additional 108 shares in the last quarter.

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.