Envestnet Asset Management Inc. Boosts Stake in iShares Global 100 ETF (NYSEARCA:IOO)

Envestnet Asset Management Inc. raised its holdings in iShares Global 100 ETF (NYSEARCA:IOO) by 8.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 297,175 shares of the company’s stock after purchasing an additional 24,173 shares during the quarter. Envestnet Asset Management Inc. owned 0.50% of iShares Global 100 ETF worth $28,701,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IOO. Olistico Wealth LLC purchased a new stake in shares of iShares Global 100 ETF in the 2nd quarter valued at $27,000. Richardson Capital Management LLC purchased a new stake in iShares Global 100 ETF during the 1st quarter worth about $30,000. Pineridge Advisors LLC purchased a new stake in iShares Global 100 ETF during the 4th quarter worth about $33,000. International Assets Investment Management LLC purchased a new stake in iShares Global 100 ETF during the 2nd quarter worth about $52,000. Finally, TD Capital Management LLC purchased a new stake in iShares Global 100 ETF during the 4th quarter worth about $55,000.

iShares Global 100 ETF Price Performance

Shares of NYSEARCA IOO opened at $97.91 on Friday. The stock’s 50-day moving average is $95.85 and its two-hundred day moving average is $93.29. iShares Global 100 ETF has a 1-year low of $70.73 and a 1-year high of $100.86. The company has a market cap of $5.76 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00.

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.