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

Shares of iShares Global 100 ETF (NYSEARCA:IOO) saw strong trading volume on Monday . 245,422 shares changed hands during mid-day trading, an increase of 10% from the previous session’s volume of 222,195 shares.The stock last traded at $97.56 and had previously closed at $100.36.

iShares Global 100 ETF Stock Down 0.6 %

The company has a market cap of $6.20 billion, a price-to-earnings ratio of 24.61 and a beta of 0.91. The firm has a 50 day moving average price of $101.96 and a two-hundred day moving average price of $100.34.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of iShares Global 100 ETF by 10.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,043 shares of the company’s stock valued at $996,000 after purchasing an additional 952 shares during the period. Stifel Financial Corp increased its holdings in iShares Global 100 ETF by 5.1% in the third quarter. Stifel Financial Corp now owns 11,628 shares of the company’s stock worth $1,153,000 after purchasing an additional 566 shares in the last quarter. World Investment Advisors LLC acquired a new position in iShares Global 100 ETF in the third quarter valued at approximately $1,030,000. Cerity Partners LLC boosted its holdings in shares of iShares Global 100 ETF by 202.4% during the 3rd quarter. Cerity Partners LLC now owns 16,569 shares of the company’s stock worth $1,643,000 after buying an additional 11,090 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of iShares Global 100 ETF by 8.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 43,952 shares of the company’s stock worth $4,358,000 after buying an additional 3,417 shares in the last quarter.

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.