Cullen Capital Management LLC Takes Position in iShares Global 100 ETF (NYSEARCA:IOO)

Cullen Capital Management LLC purchased a new position in iShares Global 100 ETF (NYSEARCA:IOO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 21,889 shares of the company’s stock, valued at approximately $2,206,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IOO. JPMorgan Chase & Co. grew its position in shares of iShares Global 100 ETF by 10.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,043 shares of the company’s stock worth $996,000 after acquiring an additional 952 shares in the last quarter. Stifel Financial Corp increased its stake in iShares Global 100 ETF by 5.1% during the third quarter. Stifel Financial Corp now owns 11,628 shares of the company’s stock valued at $1,153,000 after purchasing an additional 566 shares during the last quarter. World Investment Advisors LLC acquired a new stake in shares of iShares Global 100 ETF during the third quarter worth $1,030,000. HighTower Advisors LLC lifted its position in shares of iShares Global 100 ETF by 97.7% in the 4th quarter. HighTower Advisors LLC now owns 23,389 shares of the company’s stock worth $2,357,000 after buying an additional 11,558 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of iShares Global 100 ETF by 13.2% in the 3rd quarter. FMR LLC now owns 15,702 shares of the company’s stock valued at $1,557,000 after buying an additional 1,836 shares during the period.

iShares Global 100 ETF Stock Down 5.9 %

Shares of NYSEARCA IOO opened at $87.02 on Friday. The firm’s 50-day moving average price is $100.30 and its two-hundred day moving average price is $100.41. iShares Global 100 ETF has a 52-week low of $85.03 and a 52-week high of $105.27. The stock has a market capitalization of $5.52 billion, a P/E ratio of 24.14 and a beta of 0.91.

iShares Global 100 ETF Company 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.