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

Shares of iShares Global 100 ETF (NYSEARCA:IOOGet Free Report) saw strong trading volume on Wednesday . 422,041 shares changed hands during mid-day trading, an increase of 152% from the previous session’s volume of 167,606 shares.The stock last traded at $98.40 and had previously closed at $98.68.

iShares Global 100 ETF Stock Down 0.4 %

The company’s fifty day simple moving average is $101.46 and its 200 day simple moving average is $100.31. The firm has a market capitalization of $6.30 billion, a PE ratio of 24.61 and a beta of 0.91.

Hedge Funds Weigh In On iShares Global 100 ETF

Institutional investors have recently added to or reduced their stakes in the company. Huntington National Bank boosted its holdings in shares of iShares Global 100 ETF by 475.4% during the 4th quarter. Huntington National Bank now owns 771 shares of the company’s stock valued at $78,000 after buying an additional 637 shares in the last quarter. Pillar Financial Advisors LLC bought a new stake in iShares Global 100 ETF during the fourth quarter worth about $85,000. Glass Jacobson Investment Advisors llc boosted its stake in iShares Global 100 ETF by 16.9% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,258 shares of the company’s stock worth $125,000 after acquiring an additional 182 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in iShares Global 100 ETF in the fourth quarter worth about $184,000. Finally, Marco Investment Management LLC bought a new position in shares of iShares Global 100 ETF during the fourth quarter valued at approximately $202,000.

About iShares Global 100 ETF

(Get Free Report)

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.

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