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

iShares Global 100 ETF (NYSEARCA:IOOGet Free Report) saw unusually-high trading volume on Friday . Approximately 975,417 shares traded hands during 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 Price Performance

The stock has a market capitalization of $5.88 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00. The business has a fifty day moving average of $101.05 and a 200 day moving average of $98.65.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. NBC Securities Inc. raised its holdings 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 purchasing an additional 222 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in iShares Global 100 ETF by 40.8% in the second 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. Fortis Group Advisors LLC purchased a new stake in iShares Global 100 ETF during the 3rd quarter worth about $207,000. Great Valley Advisor Group Inc. acquired a new position in shares of iShares Global 100 ETF during the 3rd quarter worth about $229,000. Finally, OneDigital Investment Advisors LLC acquired a new position in shares of iShares Global 100 ETF during the 3rd quarter worth about $290,000.

iShares Global 100 ETF Company Profile

(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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