Truist Financial Corp Cuts Stake in iShares Global 100 ETF (NYSEARCA:IOO)

Truist Financial Corp cut its stake in iShares Global 100 ETF (NYSEARCA:IOO) by 44.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,173 shares of the company’s stock after selling 2,579 shares during the quarter. Truist Financial Corp’s holdings in iShares Global 100 ETF were worth $319,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. HighTower Advisors LLC increased its stake in iShares Global 100 ETF by 1.6% during the 3rd quarter. HighTower Advisors LLC now owns 11,831 shares of the company’s stock worth $1,174,000 after buying an additional 181 shares in the last quarter. First Heartland Consultants Inc. increased its position in shares of iShares Global 100 ETF by 3.0% during the third quarter. First Heartland Consultants Inc. now owns 6,236 shares of the company’s stock worth $618,000 after purchasing an additional 182 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in iShares Global 100 ETF by 16.9% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,258 shares of the company’s stock valued at $125,000 after purchasing an additional 182 shares during the last quarter. Ifrah Financial Services Inc. lifted its holdings in iShares Global 100 ETF by 2.4% in the 4th quarter. Ifrah Financial Services Inc. now owns 11,232 shares of the company’s stock valued at $1,132,000 after purchasing an additional 259 shares in the last quarter. Finally, Bleakley Financial Group LLC boosted its stake in iShares Global 100 ETF by 1.1% during the 4th quarter. Bleakley Financial Group LLC now owns 26,160 shares of the company’s stock worth $2,636,000 after purchasing an additional 272 shares during the last quarter.

iShares Global 100 ETF Trading Up 1.4 %

NYSEARCA:IOO opened at $100.96 on Thursday. The company has a market cap of $6.48 billion, a P/E ratio of 26.86 and a beta of 0.92. iShares Global 100 ETF has a twelve month low of $85.03 and a twelve month high of $105.27. The company’s 50-day moving average price is $102.24 and its 200-day moving average price is $100.31.

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.