Royal Bank of Canada Reduces Holdings in iShares Global 100 ETF $IOO

Royal Bank of Canada reduced its position in iShares Global 100 ETF (NYSEARCA:IOO) by 2.3% in the 1st quarter, Holdings Channel reports. The firm owned 388,533 shares of the company’s stock after selling 9,340 shares during the period. Royal Bank of Canada’s holdings in iShares Global 100 ETF were worth $47,000,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. LPL Financial LLC increased its position in iShares Global 100 ETF by 12.4% during the fourth quarter. LPL Financial LLC now owns 1,219,233 shares of the company’s stock worth $154,440,000 after buying an additional 134,689 shares during the period. Retirement Management Systems Inc. acquired a new stake in shares of iShares Global 100 ETF in the fourth quarter valued at approximately $13,829,000. Jane Street Group LLC acquired a new position in shares of iShares Global 100 ETF in the 1st quarter valued at $7,860,000. Green Ridge Wealth Planning LLC acquired a new position in shares of iShares Global 100 ETF in the 4th quarter valued at $9,645,000. Finally, UBS Group AG increased its holdings in shares of iShares Global 100 ETF by 19.4% in the 4th quarter. UBS Group AG now owns 454,693 shares of the company’s stock valued at $57,596,000 after acquiring an additional 73,860 shares during the period.

iShares Global 100 ETF Price Performance

IOO stock opened at $141.36 on Monday. The company has a market cap of $8.94 billion, a price-to-earnings ratio of 24.21 and a beta of 0.96. The company has a fifty day moving average price of $138.77 and a 200 day moving average price of $132.42. iShares Global 100 ETF has a 12 month low of $109.21 and a 12 month high of $144.78.

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.