iShares Global 100 ETF (NYSEARCA:IOO) Reaches New 12-Month High – Should You Buy?

Shares of iShares Global 100 ETF (NYSEARCA:IOO) reached a new 52-week high on Friday . The stock traded as high as $128.00 and last traded at $127.8580, with a volume of 169 shares trading hands. The stock had previously closed at $127.51.

iShares Global 100 ETF Stock Performance

The company’s fifty day simple moving average is $125.09 and its 200-day simple moving average is $117.32. The company has a market capitalization of $7.95 billion, a P/E ratio of 24.21 and a beta of 0.93.

Hedge Funds Weigh In On iShares Global 100 ETF

Large investors have recently bought and sold shares of the business. LWM Advisory Services LLC boosted its position in iShares Global 100 ETF by 5.0% during the 3rd quarter. LWM Advisory Services LLC now owns 23,132 shares of the company’s stock valued at $2,776,000 after acquiring an additional 1,102 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in iShares Global 100 ETF by 53.9% in the third quarter. Qube Research & Technologies Ltd now owns 14,154 shares of the company’s stock valued at $1,699,000 after purchasing an additional 4,958 shares during the last quarter. Mariner LLC grew its stake in iShares Global 100 ETF by 1.3% in the third quarter. Mariner LLC now owns 86,238 shares of the company’s stock valued at $10,349,000 after purchasing an additional 1,136 shares during the last quarter. National Bank of Canada FI raised its holdings in iShares Global 100 ETF by 26.6% in the third quarter. National Bank of Canada FI now owns 4,068 shares of the company’s stock worth $488,000 after purchasing an additional 855 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of iShares Global 100 ETF by 5.0% during the third quarter. Mercer Global Advisors Inc. ADV now owns 13,287 shares of the company’s stock valued at $1,595,000 after buying an additional 637 shares during the last quarter.

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.