iShares Global 100 ETF (NYSEARCA:IOO) Sees Unusually-High Trading Volume

Shares of iShares Global 100 ETF (NYSEARCA:IOO) saw unusually-high trading volume on Thursday . Approximately 416,657 shares were traded during mid-day trading, an increase of 149% from the previous session’s volume of 167,589 shares.The stock last traded at $96.24 and had previously closed at $94.90.

iShares Global 100 ETF Stock Performance

The firm has a market capitalization of $5.68 billion, a P/E ratio of 22.80 and a beta of 1.00. The firm has a 50-day moving average of $96.22 and a 200-day moving average of $91.09.

Institutional Investors Weigh In On iShares Global 100 ETF

A number of hedge funds have recently added to or reduced their stakes in IOO. Mather Group LLC. raised its stake in iShares Global 100 ETF by 3,361.9% during the 2nd quarter. Mather Group LLC. now owns 343,909 shares of the company’s stock valued at $30,749,000 after buying an additional 333,975 shares during the last quarter. Waddell & Associates LLC raised its stake in iShares Global 100 ETF by 65.4% during the 4th quarter. Waddell & Associates LLC now owns 648,182 shares of the company’s stock valued at $52,191,000 after buying an additional 256,363 shares during the last quarter. One Capital Management LLC purchased a new stake in iShares Global 100 ETF during the 2nd quarter valued at $22,315,000. Connectus Wealth LLC raised its stake in iShares Global 100 ETF by 1,674.6% during the 4th quarter. Connectus Wealth LLC now owns 211,198 shares of the company’s stock valued at $17,006,000 after buying an additional 199,297 shares during the last quarter. Finally, Bricktown Capital LLC purchased a new stake in iShares Global 100 ETF during the 2nd quarter valued at $9,393,000.

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.