Raymond James & Associates Boosts Position in iShares Global 100 ETF (NYSEARCA:IOO)

Raymond James & Associates raised its stake in shares of iShares Global 100 ETF (NYSEARCA:IOO) by 10.2% in the third quarter, Holdings Channel reports. The institutional investor owned 395,636 shares of the company’s stock after buying an additional 36,760 shares during the quarter. Raymond James & Associates’ holdings in iShares Global 100 ETF were worth $39,231,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. CHB Investment Group LLC purchased a new position in iShares Global 100 ETF during the 3rd quarter valued at about $2,203,000. Drake & Associates LLC boosted its position in shares of iShares Global 100 ETF by 1.9% during the 3rd quarter. Drake & Associates LLC now owns 159,984 shares of the company’s stock valued at $15,864,000 after acquiring an additional 2,982 shares during the last quarter. Secure Asset Management LLC boosted its position in shares of iShares Global 100 ETF by 35.6% during the 3rd quarter. Secure Asset Management LLC now owns 2,943 shares of the company’s stock valued at $292,000 after acquiring an additional 773 shares during the last quarter. Bleakley Financial Group LLC boosted its position in shares of iShares Global 100 ETF by 0.6% during the 3rd quarter. Bleakley Financial Group LLC now owns 25,888 shares of the company’s stock valued at $2,567,000 after acquiring an additional 157 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its position in shares of iShares Global 100 ETF by 53.4% during the 3rd quarter. Global Retirement Partners LLC now owns 8,612 shares of the company’s stock valued at $854,000 after acquiring an additional 2,997 shares during the last quarter.

iShares Global 100 ETF Trading Up 0.2 %

Shares of IOO opened at $100.99 on Wednesday. The company has a market cap of $5.94 billion, a PE ratio of 22.80 and a beta of 1.00. The stock has a 50-day moving average price of $97.83 and a 200-day moving average price of $95.00. iShares Global 100 ETF has a 12-month low of $70.73 and a 12-month high of $101.24.

iShares Global 100 ETF 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.