iShares Global 100 ETF $IOO Stock Holdings Lessened by Valmark Advisers Inc.

Valmark Advisers Inc. trimmed its stake in iShares Global 100 ETF (NYSEARCA:IOO) by 95.6% in the second quarter, Holdings Channel.com reports. The firm owned 3,057 shares of the company’s stock after selling 66,200 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Global 100 ETF were worth $330,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IOO. NBC Securities Inc. purchased a new stake in shares of iShares Global 100 ETF in the first quarter worth approximately $27,000. Christensen King & Associates Investment Services Inc. lifted its position in shares of iShares Global 100 ETF by 4.0% in the first quarter. Christensen King & Associates Investment Services Inc. now owns 29,932 shares of the company’s stock worth $2,991,000 after purchasing an additional 1,142 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of iShares Global 100 ETF in the first quarter worth approximately $372,000. Sagespring Wealth Partners LLC lifted its position in shares of iShares Global 100 ETF by 1.3% in the first quarter. Sagespring Wealth Partners LLC now owns 16,002 shares of the company’s stock worth $1,541,000 after purchasing an additional 207 shares in the last quarter. Finally, Financial Freedom LLC purchased a new stake in shares of iShares Global 100 ETF in the first quarter worth approximately $444,000.

iShares Global 100 ETF Price Performance

NYSEARCA IOO opened at $118.15 on Friday. The company has a 50 day simple moving average of $116.61 and a 200-day simple moving average of $106.86. The firm has a market capitalization of $7.24 billion, a price-to-earnings ratio of 24.21 and a beta of 0.92. iShares Global 100 ETF has a 52-week low of $82.79 and a 52-week high of $122.12.

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.