IOO Stock Summary and Trading Ideas (iShares Global 100 ETF | ARCA:IOO)

The iShares S&P Global 100 Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of global large-cap stocks as represented by the Standard & Poors Global 100 Index. The index is a subset of the S&P Global 1200 Index.

iShares Global 100 ETF trades on the ARCA stock market under the symbol IOO.

As of April 26, 2024, IOO stock price climbed to $88.61 with 138,904 million shares trading.

IOO has a beta of 0.99, meaning it tends to be less sensitive to market movements. IOO has a correlation of 0.92 to the broad based SPY ETF.

IOO has a market cap of $5.19 billion. This is considered a Mid Cap stock.

In the last 3 years, IOO stock traded as high as $89.93 and as low as $58.45.

IOO stock has underperformed the market in the last year with a return of +26.2%, while SPY returned +27.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IOO shares. However, IOO has outperformed the market in the last 3 month and 2 week periods, returning +6.3% and +0.2%, while SPY returned +4.6% and -0.5%, respectively. This indicates IOO has been having a stronger performance recently.

IOO support price is $86.25 and resistance is $87.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IOO stock will trade within this expected range on the day.