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

iShares Global 100 ETF (NYSEARCA:IOO) saw an uptick in trading volume on Tuesday . 268,048 shares traded hands during mid-day 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 Price Performance

The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00. The business has a 50 day simple moving average of $100.43 and a 200 day simple moving average of $97.97.

Institutional Trading of iShares Global 100 ETF

Several hedge funds have recently modified their holdings of IOO. NBC Securities Inc. increased its holdings in 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 buying an additional 222 shares during the last quarter. Certified Advisory Corp increased its holdings in shares of iShares Global 100 ETF by 11.1% in the 2nd quarter. Certified Advisory Corp now owns 81,620 shares of the company’s stock valued at $7,883,000 after acquiring an additional 8,141 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares Global 100 ETF by 14.8% during the 2nd quarter. LPL Financial LLC now owns 722,965 shares of the company’s stock worth $69,824,000 after acquiring an additional 93,341 shares in the last quarter. Amplius Wealth Advisors LLC lifted its stake in iShares Global 100 ETF by 1.3% during the third quarter. Amplius Wealth Advisors LLC now owns 916,550 shares of the company’s stock worth $90,879,000 after purchasing an additional 11,760 shares during the last quarter. Finally, Catalyst Financial Partners LLC acquired a new position in iShares Global 100 ETF in the second quarter valued at approximately $390,000.

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.