Truist Financial Corp Decreases Position in iShares Global 100 ETF (NYSEARCA:IOO)

Truist Financial Corp trimmed its holdings in shares of iShares Global 100 ETF (NYSEARCA:IOO) by 44.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,173 shares of the company’s stock after selling 2,579 shares during the quarter. Truist Financial Corp’s holdings in iShares Global 100 ETF were worth $319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. raised its position in iShares Global 100 ETF by 1,172.2% during the 3rd quarter. Assetmark Inc. now owns 640,083 shares of the company’s stock worth $63,471,000 after buying an additional 589,771 shares during the last quarter. Amplius Wealth Advisors LLC increased its stake in shares of iShares Global 100 ETF by 13.8% in the fourth quarter. Amplius Wealth Advisors LLC now owns 1,043,413 shares of the company’s stock worth $105,144,000 after acquiring an additional 126,863 shares during the period. Valmark Advisers Inc. raised its holdings in shares of iShares Global 100 ETF by 731.0% during the fourth quarter. Valmark Advisers Inc. now owns 71,643 shares of the company’s stock worth $7,219,000 after purchasing an additional 63,022 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in iShares Global 100 ETF by 106.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 118,649 shares of the company’s stock valued at $11,956,000 after purchasing an additional 61,050 shares during the period. Finally, Hidden Cove Wealth Management LLC purchased a new stake in iShares Global 100 ETF in the fourth quarter valued at $5,445,000.

iShares Global 100 ETF Trading Up 1.4 %

Shares of IOO stock opened at $100.96 on Thursday. iShares Global 100 ETF has a twelve month low of $85.03 and a twelve month high of $105.27. The stock has a market cap of $6.48 billion, a P/E ratio of 26.86 and a beta of 0.92. The stock has a 50 day moving average of $102.24 and a 200 day moving average of $100.31.

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.