Northwestern Mutual Wealth Management Co. Sells 2,658,264 Shares of iShares Global 100 ETF $IOO

Northwestern Mutual Wealth Management Co. trimmed its stake in iShares Global 100 ETF (NYSEARCA:IOO) by 94.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 170,348 shares of the company’s stock after selling 2,658,264 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.27% of iShares Global 100 ETF worth $21,578,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. CWM LLC raised its stake in shares of iShares Global 100 ETF by 7.1% in the 4th quarter. CWM LLC now owns 1,279 shares of the company’s stock valued at $162,000 after acquiring an additional 85 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in iShares Global 100 ETF by 1.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 5,461 shares of the company’s stock worth $692,000 after buying an additional 90 shares during the period. Howard Wealth Management LLC increased its position in iShares Global 100 ETF by 0.8% in the 3rd quarter. Howard Wealth Management LLC now owns 12,894 shares of the company’s stock worth $1,548,000 after buying an additional 108 shares during the period. US Bancorp DE increased its position in iShares Global 100 ETF by 0.9% in the 3rd quarter. US Bancorp DE now owns 14,691 shares of the company’s stock worth $1,763,000 after buying an additional 124 shares during the period. Finally, Capital Investment Advisory Services LLC increased its position in iShares Global 100 ETF by 54.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 355 shares of the company’s stock worth $45,000 after buying an additional 125 shares during the period.

iShares Global 100 ETF Stock Down 0.7%

Shares of NYSEARCA IOO opened at $139.94 on Wednesday. The business’s 50 day moving average is $129.18 and its two-hundred day moving average is $127.61. The company has a market cap of $8.75 billion, a P/E ratio of 24.21 and a beta of 0.95. iShares Global 100 ETF has a 12 month low of $100.28 and a 12 month high of $142.68.

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. 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.