iShares Global 100 ETF (NYSEARCA:IOO) Sees Strong Trading Volume

iShares Global 100 ETF (NYSEARCA:IOO) shares saw unusually-high trading volume on Wednesday . Approximately 1,094,389 shares changed hands during mid-day trading, an increase of 562% from the previous session’s volume of 165,232 shares.The stock last traded at $98.56 and had previously closed at $98.67.

iShares Global 100 ETF Trading Down 0.6 %

The firm has a 50-day moving average of $95.85 and a 200 day moving average of $93.57. The company has a market cap of $5.82 billion, a P/E ratio of 22.80 and a beta of 1.00.

Institutional Trading of iShares Global 100 ETF

Several large investors have recently made changes to their positions in the company. Olistico Wealth LLC acquired a new stake in iShares Global 100 ETF in the 2nd quarter valued at $27,000. Richardson Capital Management LLC acquired a new position in shares of iShares Global 100 ETF during the first quarter valued at about $30,000. Pineridge Advisors LLC bought a new stake in shares of iShares Global 100 ETF during the fourth quarter worth about $33,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Global 100 ETF in the 2nd quarter worth about $52,000. Finally, IAG Wealth Partners LLC bought a new position in iShares Global 100 ETF in the 2nd quarter valued at about $71,000.

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.