iShares Global 100 ETF (NYSEARCA:IOO – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $146.72 and last traded at $146.5150, with a volume of 8496 shares traded. The stock had previously closed at $145.67.
iShares Global 100 ETF Stock Up 0.6%
The firm has a market capitalization of $9.34 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95. The firm’s 50 day moving average is $143.95 and its 200 day moving average is $137.98.
Hedge Funds Weigh In On iShares Global 100 ETF
Hedge funds have recently modified their holdings of the stock. Rosenberg Matthew Hamilton acquired a new stake in shares of iShares Global 100 ETF during the third quarter worth $101,000. Olistico Wealth LLC acquired a new position in shares of iShares Global 100 ETF in the 3rd quarter valued at $40,000. Rockland Trust Co. purchased a new position in iShares Global 100 ETF in the 3rd quarter worth about $405,000. Envestnet Asset Management Inc. raised its holdings in iShares Global 100 ETF by 8.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 338,608 shares of the company’s stock worth $46,254,000 after buying an additional 26,577 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new stake in iShares Global 100 ETF during the second quarter valued at about $200,000.
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. 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.
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