29,300 Shares in iShares Global 100 ETF $IOO Acquired by Powell Investment Advisors LLC

Powell Investment Advisors LLC bought a new position in shares of iShares Global 100 ETF (NYSEARCA:IOO) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 29,300 shares of the company’s stock, valued at approximately $4,220,000. iShares Global 100 ETF accounts for approximately 1.3% of Powell Investment Advisors LLC’s portfolio, making the stock its 15th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Asset Allocation Strategies LLC boosted its holdings in shares of iShares Global 100 ETF by 5.0% in the second quarter. Asset Allocation Strategies LLC now owns 146,999 shares of the company’s stock valued at $20,080,000 after purchasing an additional 7,058 shares during the period. Weaver Consulting Group bought a new position in iShares Global 100 ETF in the third quarter worth approximately $722,000. Stephens Inc. AR grew its stake in iShares Global 100 ETF by 12.0% in the first quarter. Stephens Inc. AR now owns 528,198 shares of the company’s stock worth $63,896,000 after purchasing an additional 56,666 shares in the last quarter. Balefire LLC bought a new position in iShares Global 100 ETF in the second quarter worth approximately $841,000. Finally, Cetera Investment Advisers increased its holdings in iShares Global 100 ETF by 3.0% during the 1st quarter. Cetera Investment Advisers now owns 359,958 shares of the company’s stock worth $43,544,000 after purchasing an additional 10,646 shares during the period.

iShares Global 100 ETF Stock Down 1.4%

IOO opened at $143.32 on Friday. The stock’s fifty day moving average is $144.43 and its two-hundred day moving average is $140.23. The company has a market capitalization of $9.21 billion, a P/E ratio of 24.21 and a beta of 0.95. iShares Global 100 ETF has a 52 week low of $116.49 and a 52 week high of $146.91.

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. 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.