iShares Global 100 ETF (NYSEARCA:IOO – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 548,491 shares, a decrease of 50.7% from the June 30th total of 1,112,994 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 127,356 shares, the days-to-cover ratio is presently 4.3 days.
Institutional Investors Weigh In On iShares Global 100 ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Bartlett & CO. Wealth Management LLC purchased a new stake in iShares Global 100 ETF during the fourth quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new stake in iShares Global 100 ETF during the fourth quarter worth approximately $25,000. Matrix Private Capital Group LLC acquired a new stake in iShares Global 100 ETF during the first quarter worth approximately $36,000. Johnson Financial Group Inc. purchased a new stake in shares of iShares Global 100 ETF during the 1st quarter worth approximately $39,000. Finally, Capital Investment Advisory Services LLC lifted its position in shares of iShares Global 100 ETF by 54.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 355 shares of the company’s stock worth $45,000 after buying an additional 125 shares during the last quarter.
iShares Global 100 ETF Stock Up 2.4%
iShares Global 100 ETF stock traded up $3.31 during midday trading on Thursday, reaching $139.75. The company’s stock had a trading volume of 367,273 shares, compared to its average volume of 197,937. The company has a market cap of $8.83 billion, a P/E ratio of 24.21 and a beta of 0.96. The business has a 50-day simple moving average of $138.77 and a 200-day simple moving average of $132.34. iShares Global 100 ETF has a fifty-two week low of $109.21 and a fifty-two week high of $144.78.
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.
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