Burke & Herbert Bank & Trust Co. Invests $312,000 in iShares Global 100 ETF (NYSEARCA:IOO)

Burke & Herbert Bank & Trust Co. purchased a new position in shares of iShares Global 100 ETF (NYSEARCA:IOO) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 3,230 shares of the company’s stock, valued at approximately $312,000.

Other hedge funds also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. lifted its stake in iShares Global 100 ETF by 3.4% in the second quarter. Fifth Third Securities Inc. now owns 3,760 shares of the company’s stock worth $363,000 after purchasing an additional 125 shares during the last quarter. Strait & Sound Wealth Management LLC lifted its stake in shares of iShares Global 100 ETF by 3.6% during the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,680 shares of the company’s stock worth $295,000 after acquiring an additional 127 shares during the last quarter. OneAscent Wealth Management LLC boosted its holdings in iShares Global 100 ETF by 2.5% during the 1st quarter. OneAscent Wealth Management LLC now owns 5,599 shares of the company’s stock valued at $501,000 after acquiring an additional 139 shares during the period. B. Riley Wealth Advisors Inc. grew its position in iShares Global 100 ETF by 3.3% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 4,654 shares of the company’s stock valued at $375,000 after acquiring an additional 150 shares during the last quarter. Finally, Unique Wealth LLC increased its stake in iShares Global 100 ETF by 2.5% in the first quarter. Unique Wealth LLC now owns 6,403 shares of the company’s stock worth $573,000 after purchasing an additional 155 shares during the period.

iShares Global 100 ETF Trading Up 2.0 %

NYSEARCA:IOO opened at $94.46 on Wednesday. The company has a market cap of $5.56 billion, a price-to-earnings ratio of 22.80 and a beta of 1.00. iShares Global 100 ETF has a twelve month low of $70.73 and a twelve month high of $100.86. The stock has a fifty day simple moving average of $96.23 and a 200-day simple moving average of $91.06.

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.