iShares Global 100 ETF (NYSEARCA:IOO) Sets New 52-Week High at $97.88

iShares Global 100 ETF (NYSEARCA:IOO) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $97.88 and last traded at $97.05, with a volume of 39266 shares changing hands. The stock had previously closed at $97.15.

iShares Global 100 ETF Trading Down 0.6 %

The company has a market capitalization of $5.68 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00. The firm’s 50 day simple moving average is $92.89 and its 200-day simple moving average is $87.53.

Hedge Funds Weigh In On iShares Global 100 ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IOO. KPP Advisory Services LLC acquired a new position in shares of iShares Global 100 ETF during the 3rd quarter worth $634,000. Asset Allocation Strategies LLC grew its stake in shares of iShares Global 100 ETF by 8.0% during the 3rd quarter. Asset Allocation Strategies LLC now owns 134,037 shares of the company’s stock worth $9,817,000 after purchasing an additional 9,903 shares during the period. OLD National Bancorp IN boosted its position in shares of iShares Global 100 ETF by 18.2% in the 3rd quarter. OLD National Bancorp IN now owns 1,224,994 shares of the company’s stock worth $89,719,000 after buying an additional 188,248 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of iShares Global 100 ETF in the 3rd quarter worth about $370,000. Finally, EWG Elevate Inc. purchased a new stake in shares of iShares Global 100 ETF in the 4th quarter worth about $922,000.

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.