iShares Global 100 ETF (NYSEARCA:IOO) Sees Unusually-High Trading Volume – What’s Next?

iShares Global 100 ETF (NYSEARCA:IOO) saw strong trading volume on Friday . 975,417 shares traded hands during mid-day trading, an increase of 509% from the previous session’s volume of 160,253 shares.The stock last traded at $100.15 and had previously closed at $101.48.

iShares Global 100 ETF Stock Down 1.5 %

The business’s 50-day simple moving average is $101.02 and its two-hundred day simple moving average is $98.61. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. NBC Securities Inc. lifted its position in shares of iShares Global 100 ETF by 352.4% in the third quarter. NBC Securities Inc. now owns 285 shares of the company’s stock valued at $28,000 after acquiring an additional 222 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in iShares Global 100 ETF by 40.8% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,076 shares of the company’s stock worth $104,000 after purchasing an additional 312 shares during the last quarter. Fortis Group Advisors LLC purchased a new stake in shares of iShares Global 100 ETF during the third quarter worth $207,000. Great Valley Advisor Group Inc. acquired a new stake in shares of iShares Global 100 ETF in the third quarter valued at about $229,000. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of iShares Global 100 ETF in the third quarter worth about $290,000.

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.