iShares Global 100 ETF (NYSEARCA:IOO) Sees Large Volume Increase – What’s Next?

iShares Global 100 ETF (NYSEARCA:IOO) shares saw strong trading volume on Tuesday . 268,048 shares traded hands during trading, an increase of 67% from the previous session’s volume of 160,264 shares.The stock last traded at $102.64 and had previously closed at $103.00.

iShares Global 100 ETF Stock Performance

The firm has a market cap of $6.04 billion, a P/E ratio of 22.80 and a beta of 1.00. The company’s 50 day moving average is $100.34 and its 200 day moving average is $97.89.

Institutional Trading of iShares Global 100 ETF

Several institutional investors have recently added to or reduced their stakes in the stock. NBC Securities Inc. grew its stake in shares of iShares Global 100 ETF by 352.4% in the 3rd quarter. NBC Securities Inc. now owns 285 shares of the company’s stock valued at $28,000 after buying an additional 222 shares during the period. International Assets Investment Management LLC bought a new stake in shares of iShares Global 100 ETF during the second quarter valued at approximately $52,000. Glass Jacobson Investment Advisors llc raised its position in shares of iShares Global 100 ETF by 40.8% during the second 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 period. Fortis Group Advisors LLC bought a new position in shares of iShares Global 100 ETF in the 3rd quarter worth $207,000. Finally, Secure Asset Management LLC acquired a new stake in iShares Global 100 ETF in the 2nd quarter valued at $210,000.

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.