iShares Global 100 ETF (NYSEARCA:IOO) Reaches New 52-Week High – Here’s Why

iShares Global 100 ETF (NYSEARCA:IOO) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $103.66 and last traded at $103.50, with a volume of 31606 shares trading hands. The stock had previously closed at $102.53.

iShares Global 100 ETF Price Performance

The stock has a 50 day moving average of $101.32 and a two-hundred day moving average of $98.88. The stock has a market capitalization of $6.11 billion, a PE ratio of 22.80 and a beta of 1.00.

Institutional Investors Weigh In On iShares Global 100 ETF

Several institutional investors have recently made changes to their positions in IOO. Blair William & Co. IL grew its holdings in shares of iShares Global 100 ETF by 42.4% in the 2nd quarter. Blair William & Co. IL now owns 3,481 shares of the company’s stock worth $336,000 after acquiring an additional 1,036 shares during the period. Creative Planning grew its holdings in iShares Global 100 ETF by 2.8% in the second quarter. Creative Planning now owns 11,832 shares of the company’s stock valued at $1,143,000 after purchasing an additional 326 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Global 100 ETF by 4.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,601,247 shares of the company’s stock valued at $347,809,000 after buying an additional 163,712 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of iShares Global 100 ETF by 30.6% during the 2nd quarter. NewEdge Advisors LLC now owns 10,962 shares of the company’s stock worth $1,059,000 after buying an additional 2,567 shares during the last quarter. Finally, Hershey Financial Advisers LLC acquired a new position in shares of iShares Global 100 ETF during the 2nd quarter worth $417,000.

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.