Shares of iShares Global 100 ETF (NYSEARCA:IOO) shot up 8.9% during mid-day trading on Tuesday . The company traded as high as $42.41 and last traded at $42.31, 563,100 shares were traded during trading. An increase of 207% from the average session volume of 183,249 shares. The stock had previously closed at $38.84.

The stock’s fifty day moving average price is $50.53 and its 200-day moving average price is $51.55.

A number of institutional investors have recently added to or reduced their stakes in IOO. Assetmark Inc. bought a new stake in iShares Global 100 ETF during the 4th quarter worth about $66,492,000. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of iShares Global 100 ETF by 3,764.5% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 243,229 shares of the company’s stock valued at $13,096,000 after buying an additional 236,935 shares during the period. Bank of America Corp DE increased its stake in shares of iShares Global 100 ETF by 15.2% in the fourth quarter. Bank of America Corp DE now owns 773,723 shares of the company’s stock valued at $41,735,000 after buying an additional 101,887 shares during the period. Ieq Capital LLC acquired a new position in shares of iShares Global 100 ETF in the fourth quarter valued at approximately $3,770,000. Finally, Fluent Financial LLC increased its stake in shares of iShares Global 100 ETF by 24.7% in the fourth quarter. Fluent Financial LLC now owns 122,766 shares of the company’s stock valued at $6,622,000 after buying an additional 24,296 shares during the period.

About iShares Global 100 ETF (NYSEARCA:IOO)

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.

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