iShares Global 100 ETF (NYSEARCA:IOO) Sees Strong Trading Volume – Should You Buy?

iShares Global 100 ETF (NYSEARCA:IOO) saw an uptick in trading volume on Tuesday . 268,048 shares changed hands during mid-day trading, an increase of 67% from the previous session’s volume of 160,264 shares.The stock last traded at $102.64 and had previously closed at $103.00.

iShares Global 100 ETF Stock Up 0.3 %

The company has a fifty day moving average price of $100.43 and a two-hundred day moving average price of $97.97. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00.

Institutional Trading of iShares Global 100 ETF

A number of institutional investors have recently bought and sold shares of the company. NBC Securities Inc. grew its holdings in iShares Global 100 ETF by 352.4% during the 3rd quarter. NBC Securities Inc. now owns 285 shares of the company’s stock valued at $28,000 after buying an additional 222 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of iShares Global 100 ETF during the second quarter valued at approximately $52,000. Glass Jacobson Investment Advisors llc boosted its position in iShares Global 100 ETF by 40.8% during the second quarter. Glass Jacobson Investment Advisors llc now owns 1,076 shares of the company’s stock worth $104,000 after acquiring an additional 312 shares during the last quarter. Fortis Group Advisors LLC purchased a new stake in shares of iShares Global 100 ETF in the third quarter valued at $207,000. Finally, Secure Asset Management LLC purchased a new stake in iShares Global 100 ETF in the 2nd quarter valued at about $210,000.

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.