iShares Global 100 ETF (NYSEARCA:IOO) Sees Strong Trading Volume – Here’s Why

iShares Global 100 ETF (NYSEARCA:IOO) saw strong trading volume on Tuesday . 623,420 shares were traded during trading, an increase of 236% from the previous session’s volume of 185,306 shares.The stock last traded at $124.6480 and had previously closed at $124.74.

iShares Global 100 ETF Stock Up 0.7%

The company’s 50 day simple moving average is $122.43 and its two-hundred day simple moving average is $113.94. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 24.21 and a beta of 0.93.

Institutional Investors Weigh In On iShares Global 100 ETF

A number of large investors have recently bought and sold shares of the company. Cetera Investment Advisers lifted its position in iShares Global 100 ETF by 6.9% during the first quarter. Cetera Investment Advisers now owns 122,656 shares of the company’s stock valued at $11,811,000 after purchasing an additional 7,904 shares during the period. LPL Financial LLC raised its position in iShares Global 100 ETF by 8.8% during the first quarter. LPL Financial LLC now owns 936,236 shares of the company’s stock worth $90,150,000 after acquiring an additional 75,873 shares during the period. Harbour Investments Inc. raised its position in iShares Global 100 ETF by 1.0% during the first quarter. Harbour Investments Inc. now owns 24,199 shares of the company’s stock worth $2,330,000 after acquiring an additional 237 shares during the period. Certified Advisory Corp lifted its holdings in iShares Global 100 ETF by 8.7% during the first quarter. Certified Advisory Corp now owns 92,790 shares of the company’s stock valued at $8,935,000 after purchasing an additional 7,419 shares in the last quarter. Finally, Scotia Capital Inc. lifted its holdings in iShares Global 100 ETF by 2.1% during the first quarter. Scotia Capital Inc. now owns 157,388 shares of the company’s stock valued at $15,155,000 after purchasing an additional 3,270 shares in the last quarter.

iShares Global 100 ETF Company Profile

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.