Royal Bank of Canada reduced its position in shares of iShares Global 100 ETF (NYSEARCA:IOO – Free Report) by 2.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 388,533 shares of the company’s stock after selling 9,340 shares during the period. Royal Bank of Canada owned about 0.62% of iShares Global 100 ETF worth $47,000,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of IOO. AQR Capital Management LLC purchased a new stake in iShares Global 100 ETF during the 1st quarter worth about $1,295,000. Jane Street Group LLC acquired a new stake in shares of iShares Global 100 ETF during the 1st quarter worth about $7,860,000. Marshall Wace LLP acquired a new stake in shares of iShares Global 100 ETF during the 2nd quarter worth about $2,003,000. Bank of Nova Scotia purchased a new stake in iShares Global 100 ETF during the second quarter worth approximately $216,000. Finally, Qube Research & Technologies Ltd purchased a new stake in iShares Global 100 ETF during the second quarter worth approximately $991,000.
iShares Global 100 ETF Price Performance
Shares of IOO opened at $141.36 on Monday. The company has a market capitalization of $8.94 billion, a price-to-earnings ratio of 24.21 and a beta of 0.96. iShares Global 100 ETF has a 52-week low of $109.21 and a 52-week high of $144.78. The stock has a 50 day moving average price of $138.77 and a 200 day moving average price of $132.42.
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.
Featured Articles
- Five stocks we like better than iShares Global 100 ETF
- 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story
- AbbVie Quietly Solved Its Biggest Problem—Now What?
- Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade
- Strategy’s Structural Strength: Hidden in a $8 Billion Illusion
Receive News & Ratings for iShares Global 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
