Asset Allocation Strategies LLC Has $17.34 Million Stake in iShares Global 100 ETF $IOO

Asset Allocation Strategies LLC lifted its stake in iShares Global 100 ETF (NYSEARCA:IOO) by 3.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 136,881 shares of the company’s stock after acquiring an additional 4,889 shares during the period. iShares Global 100 ETF comprises about 3.3% of Asset Allocation Strategies LLC’s holdings, making the stock its 8th biggest position. Asset Allocation Strategies LLC’s holdings in iShares Global 100 ETF were worth $17,339,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. LPL Financial LLC lifted its stake in shares of iShares Global 100 ETF by 12.4% in the fourth quarter. LPL Financial LLC now owns 1,219,233 shares of the company’s stock valued at $154,440,000 after buying an additional 134,689 shares during the period. Bank of America Corp DE raised its position in iShares Global 100 ETF by 1.4% in the third quarter. Bank of America Corp DE now owns 844,798 shares of the company’s stock worth $101,384,000 after purchasing an additional 11,549 shares in the last quarter. Raymond James Financial Inc. raised its position in iShares Global 100 ETF by 0.9% in the third quarter. Raymond James Financial Inc. now owns 657,915 shares of the company’s stock worth $78,956,000 after purchasing an additional 5,826 shares in the last quarter. Stephens Inc. AR raised its position in iShares Global 100 ETF by 12.7% in the fourth quarter. Stephens Inc. AR now owns 471,532 shares of the company’s stock worth $59,729,000 after purchasing an additional 53,088 shares in the last quarter. Finally, UBS Group AG raised its position in iShares Global 100 ETF by 19.4% in the fourth quarter. UBS Group AG now owns 454,693 shares of the company’s stock worth $57,596,000 after purchasing an additional 73,860 shares in the last quarter.

iShares Global 100 ETF Stock Up 0.1%

NYSEARCA:IOO opened at $138.27 on Friday. iShares Global 100 ETF has a 12-month low of $102.74 and a 12-month high of $144.78. The firm has a market capitalization of $8.65 billion, a PE ratio of 24.21 and a beta of 0.95. The firm has a 50-day moving average price of $136.05 and a 200 day moving average price of $129.64.

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. 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.