iShares S&P 100 ETF (NYSEARCA:OEF – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $362.47 and last traded at $362.44, with a volume of 75842 shares trading hands. The stock had previously closed at $358.11.
iShares S&P 100 ETF Trading Up 1.0%
The stock has a 50-day simple moving average of $334.64 and a 200 day simple moving average of $338.95. The stock has a market capitalization of $20.28 billion, a price-to-earnings ratio of 27.17 and a beta of 1.02.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Trust Advisors LP raised its holdings in shares of iShares S&P 100 ETF by 84.9% during the second quarter. First Trust Advisors LP now owns 5,736 shares of the company’s stock worth $1,746,000 after acquiring an additional 2,633 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in iShares S&P 100 ETF by 78.4% in the second quarter. Qube Research & Technologies Ltd now owns 2,233 shares of the company’s stock valued at $680,000 after purchasing an additional 981 shares in the last quarter. HUB Investment Partners LLC acquired a new position in iShares S&P 100 ETF in the 2nd quarter worth about $209,000. Diversify Advisory Services LLC raised its stake in shares of iShares S&P 100 ETF by 3.5% during the 2nd quarter. Diversify Advisory Services LLC now owns 3,970 shares of the company’s stock worth $1,269,000 after purchasing an additional 135 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares S&P 100 ETF during the 2nd quarter worth about $1,269,000.
About iShares S&P 100 ETF
iShares S&P 100 ETF, formerly iShares S&P 100 Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
Further Reading
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