iShares Global 100 ETF (NYSEARCA:IOO) Hits New 12-Month High – Still a Buy?

iShares Global 100 ETF (NYSEARCA:IOO)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $102.97 and last traded at $102.94, with a volume of 19941 shares changing hands. The stock had previously closed at $102.01.

iShares Global 100 ETF Trading Up 0.3 %

The firm has a market capitalization of $6.06 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00. The firm has a fifty day moving average price of $100.15 and a 200 day moving average price of $97.69.

Institutional Trading of iShares Global 100 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Global 100 ETF by 4.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,601,247 shares of the company’s stock worth $347,809,000 after buying an additional 163,712 shares in the last quarter. Amplius Wealth Advisors LLC raised its position in shares of iShares Global 100 ETF by 1.3% during the third quarter. Amplius Wealth Advisors LLC now owns 916,550 shares of the company’s stock worth $90,879,000 after acquiring an additional 11,760 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Global 100 ETF by 14.8% during the second quarter. LPL Financial LLC now owns 722,965 shares of the company’s stock valued at $69,824,000 after acquiring an additional 93,341 shares during the period. Waddell & Associates LLC boosted its holdings in iShares Global 100 ETF by 1.7% in the third quarter. Waddell & Associates LLC now owns 679,014 shares of the company’s stock valued at $67,331,000 after acquiring an additional 11,167 shares during the last quarter. Finally, Assetmark Inc. increased its position in iShares Global 100 ETF by 1,172.2% in the third quarter. Assetmark Inc. now owns 640,083 shares of the company’s stock worth $63,471,000 after purchasing an additional 589,771 shares during the period.

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.