iShares Global 100 ETF (NYSEARCA:IOO) Sets New 12-Month High – Here’s Why

Shares of iShares Global 100 ETF (NYSEARCA:IOOGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $140.61 and last traded at $140.07, with a volume of 153829 shares traded. The stock had previously closed at $140.08.

iShares Global 100 ETF Stock Up 1.2%

The company has a market cap of $8.83 billion, a PE ratio of 24.21 and a beta of 0.95. The stock has a 50-day moving average of $127.91 and a 200-day moving average of $127.16.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Nalls Sherbakoff Group LLC bought a new position in iShares Global 100 ETF in the fourth quarter valued at $25,000. Bartlett & CO. Wealth Management LLC bought a new position in iShares Global 100 ETF in the fourth quarter valued at $25,000. Olistico Wealth LLC bought a new position in iShares Global 100 ETF in the fourth quarter valued at $35,000. Johnson Financial Group Inc. bought a new position in iShares Global 100 ETF in the first quarter valued at $39,000. Finally, Capital Investment Advisory Services LLC increased its stake in iShares Global 100 ETF by 54.3% in the fourth quarter. Capital Investment Advisory Services LLC now owns 355 shares of the company’s stock valued at $45,000 after acquiring an additional 125 shares during the last quarter.

iShares Global 100 ETF Company Profile

(Get Free Report)

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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