Hidden Cove Wealth Management LLC Cuts Stock Holdings in iShares Global 100 ETF $IOO

Hidden Cove Wealth Management LLC reduced its stake in iShares Global 100 ETF (NYSEARCA:IOO) by 46.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,037 shares of the company’s stock after selling 12,869 shares during the period. iShares Global 100 ETF makes up about 1.2% of Hidden Cove Wealth Management LLC’s holdings, making the stock its 16th largest holding. Hidden Cove Wealth Management LLC’s holdings in iShares Global 100 ETF were worth $1,805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IOO. Annex Advisory Services LLC grew its stake in iShares Global 100 ETF by 31.0% during the 2nd quarter. Annex Advisory Services LLC now owns 1,422,141 shares of the company’s stock worth $153,321,000 after purchasing an additional 336,185 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of iShares Global 100 ETF in the 1st quarter valued at about $7,860,000. Twelve Points Wealth Management LLC grew its position in shares of iShares Global 100 ETF by 152.6% during the third quarter. Twelve Points Wealth Management LLC now owns 94,006 shares of the company’s stock worth $11,282,000 after buying an additional 56,789 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Global 100 ETF by 11.7% during the second quarter. Envestnet Asset Management Inc. now owns 387,294 shares of the company’s stock worth $41,754,000 after buying an additional 40,655 shares in the last quarter. Finally, Focus Financial Network Inc. increased its stake in shares of iShares Global 100 ETF by 971.6% during the third quarter. Focus Financial Network Inc. now owns 28,784 shares of the company’s stock worth $3,454,000 after buying an additional 26,098 shares during the period.

iShares Global 100 ETF Stock Up 0.7%

Shares of NYSEARCA:IOO opened at $128.46 on Friday. iShares Global 100 ETF has a fifty-two week low of $82.79 and a fifty-two week high of $128.72. The firm’s 50 day moving average price is $125.99 and its 200 day moving average price is $119.07. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 24.21 and a beta of 0.93.

iShares Global 100 ETF 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. 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.