Tower Wealth Partners Inc. Lowers Stake in iShares Global 100 ETF (NYSEARCA:IOO)

Tower Wealth Partners Inc. decreased its holdings in shares of iShares Global 100 ETF (NYSEARCA:IOO) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 118,521 shares of the company’s stock after selling 4,459 shares during the period. iShares Global 100 ETF comprises 6.2% of Tower Wealth Partners Inc.’s portfolio, making the stock its 7th biggest holding. Tower Wealth Partners Inc. owned about 0.20% of iShares Global 100 ETF worth $11,943,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in iShares Global 100 ETF during the fourth quarter worth $62,994,000. Amplius Wealth Advisors LLC grew its holdings in shares of iShares Global 100 ETF by 13.8% in the 4th quarter. Amplius Wealth Advisors LLC now owns 1,043,413 shares of the company’s stock worth $105,144,000 after purchasing an additional 126,863 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of iShares Global 100 ETF by 731.0% during the 4th quarter. Valmark Advisers Inc. now owns 71,643 shares of the company’s stock worth $7,219,000 after purchasing an additional 63,022 shares in the last quarter. Kestra Private Wealth Services LLC lifted its holdings in iShares Global 100 ETF by 106.0% during the 4th quarter. Kestra Private Wealth Services LLC now owns 118,649 shares of the company’s stock valued at $11,956,000 after purchasing an additional 61,050 shares during the last quarter. Finally, Hidden Cove Wealth Management LLC acquired a new position in iShares Global 100 ETF in the fourth quarter valued at about $5,445,000.

iShares Global 100 ETF Trading Up 0.9 %

Shares of iShares Global 100 ETF stock opened at $100.36 on Monday. iShares Global 100 ETF has a 1-year low of $85.03 and a 1-year high of $105.27. The firm’s 50-day moving average price is $102.12 and its two-hundred day moving average price is $100.35. The stock has a market capitalization of $6.43 billion, a price-to-earnings ratio of 24.61 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.