iShares Global 100 ETF (NYSEARCA:IOO) Sets New 1-Year High – Still a Buy?

Shares of iShares Global 100 ETF (NYSEARCA:IOO) reached a new 52-week high on Thursday . The stock traded as high as $135.00 and last traded at $133.92, with a volume of 43791 shares traded. The stock had previously closed at $133.49.

iShares Global 100 ETF Trading Up 1.4%

The company has a 50-day moving average price of $126.20 and a two-hundred day moving average price of $126.10. The stock has a market capitalization of $8.47 billion, a P/E ratio of 24.21 and a beta of 0.94.

Institutional Trading of iShares Global 100 ETF

Hedge funds have recently modified their holdings of the stock. Bartlett & CO. Wealth Management LLC bought a new stake in shares of iShares Global 100 ETF in the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new stake in iShares Global 100 ETF in the 4th quarter valued at about $25,000. Financial Consulate Inc. bought a new stake in iShares Global 100 ETF in the 3rd quarter valued at about $33,000. Olistico Wealth LLC bought a new stake in iShares Global 100 ETF in the 4th quarter valued at about $35,000. Finally, Capital Investment Advisory Services LLC increased its position in iShares Global 100 ETF by 54.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 355 shares of the company’s stock valued at $45,000 after buying an additional 125 shares in the last quarter.

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. These companies are liquid and represent some of the multi-national businesses in the world. The Index is a subset of the S&P Global 1200 Index, and consists of 100 common stocks, screened for sector representation, liquidity and size.