Kane Investment Management Inc. Sells 577 Shares of iShares Global 100 ETF $IOO

Kane Investment Management Inc. lessened its holdings in iShares Global 100 ETF (NYSEARCA:IOO) by 3.7% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,926 shares of the company’s stock after selling 577 shares during the period. Kane Investment Management Inc.’s holdings in iShares Global 100 ETF were worth $1,609,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IOO. Sound Income Strategies LLC increased its stake in iShares Global 100 ETF by 605.9% in the 2nd quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after purchasing an additional 206 shares during the period. First Horizon Advisors Inc. purchased a new position in shares of iShares Global 100 ETF in the second quarter valued at about $39,000. Rosenberg Matthew Hamilton purchased a new stake in shares of iShares Global 100 ETF during the second quarter worth about $76,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in iShares Global 100 ETF in the first quarter valued at $93,000. Finally, Trust Co. of Vermont boosted its position in iShares Global 100 ETF by 338.5% during the 2nd quarter. Trust Co. of Vermont now owns 1,026 shares of the company’s stock valued at $111,000 after acquiring an additional 792 shares in the last quarter.

iShares Global 100 ETF Stock Performance

Shares of NYSEARCA:IOO opened at $124.91 on Friday. The firm has a market capitalization of $7.76 billion, a P/E ratio of 24.21 and a beta of 0.93. The stock has a 50 day moving average price of $121.39 and a 200-day moving average price of $112.34. iShares Global 100 ETF has a 52-week low of $82.79 and a 52-week high of $127.24.

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.