Northwestern Mutual Wealth Management Co. Cuts Position in iShares Global 100 ETF $IOO

Northwestern Mutual Wealth Management Co. lessened its holdings in iShares Global 100 ETF (NYSEARCA:IOO) by 1.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,780,348 shares of the company’s stock after selling 48,264 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 4.41% of iShares Global 100 ETF worth $352,187,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CWM LLC grew its holdings in iShares Global 100 ETF by 7.1% in the fourth quarter. CWM LLC now owns 1,279 shares of the company’s stock worth $162,000 after purchasing an additional 85 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of iShares Global 100 ETF by 1.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 5,461 shares of the company’s stock worth $692,000 after acquiring an additional 90 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of iShares Global 100 ETF by 1.1% in the fourth quarter. Kingsview Wealth Management LLC now owns 10,071 shares of the company’s stock worth $1,276,000 after acquiring an additional 114 shares during the last quarter. US Bancorp DE grew its stake in shares of iShares Global 100 ETF by 0.9% in the third quarter. US Bancorp DE now owns 14,691 shares of the company’s stock worth $1,763,000 after acquiring an additional 124 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its stake in shares of iShares Global 100 ETF by 54.3% in the fourth quarter. Capital Investment Advisory Services LLC now owns 355 shares of the company’s stock worth $45,000 after acquiring an additional 125 shares during the last quarter.

iShares Global 100 ETF Trading Up 0.6%

NYSEARCA IOO opened at $142.85 on Friday. iShares Global 100 ETF has a 12 month low of $101.72 and a 12 month high of $142.95. The stock has a market cap of $8.94 billion, a P/E ratio of 24.21 and a beta of 0.95. The stock’s fifty day moving average price is $131.64 and its 200-day moving average price is $128.44.

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.