iShares Global 100 ETF (NYSEARCA:IOO) Sets New 52-Week High – Should You Buy?

iShares Global 100 ETF (NYSEARCA:IOO) reached a new 52-week high during trading on Wednesday . The company traded as high as $101.91 and last traded at $101.88, with a volume of 13966 shares. The stock had previously closed at $101.33.

iShares Global 100 ETF Trading Up 0.7 %

The company has a market cap of $6.01 billion, a P/E ratio of 22.80 and a beta of 1.00. The business’s 50 day simple moving average is $99.61 and its 200 day simple moving average is $97.28.

Institutional Investors Weigh In On iShares Global 100 ETF

Institutional investors have recently added to or reduced their stakes in the stock. NBC Securities Inc. grew its holdings in iShares Global 100 ETF by 352.4% during 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 in the last quarter. International Assets Investment Management LLC purchased a new stake in iShares Global 100 ETF during the 2nd quarter valued at approximately $52,000. IAG Wealth Partners LLC purchased a new stake in iShares Global 100 ETF during the 2nd quarter valued at approximately $71,000. Glass Jacobson Investment Advisors llc grew its holdings 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 valued at $104,000 after buying an additional 312 shares in the last quarter. Finally, Wedmont Private Capital purchased a new stake in iShares Global 100 ETF during the 2nd quarter valued at approximately $201,000.

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.