C M Bidwell & Associates Ltd. Invests $7.78 Million in iShares S&P 100 ETF $OEF

C M Bidwell & Associates Ltd. purchased a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the second quarter, HoldingsChannel.com reports. The firm purchased 10,383 shares of the company’s stock, valued at approximately $7,776,000. iShares S&P 100 ETF makes up about 3.2% of C M Bidwell & Associates Ltd.’s holdings, making the stock its 8th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. First Trust Advisors LP grew its position in shares of iShares S&P 100 ETF by 84.9% during the 2nd quarter. First Trust Advisors LP now owns 5,736 shares of the company’s stock worth $1,746,000 after purchasing an additional 2,633 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in shares of iShares S&P 100 ETF by 78.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 2,233 shares of the company’s stock worth $680,000 after acquiring an additional 981 shares during the period. HUB Investment Partners LLC bought a new position in shares of iShares S&P 100 ETF in the 2nd quarter valued at $209,000. Diversify Advisory Services LLC lifted its position 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 buying an additional 135 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 100 ETF during the 2nd quarter worth $1,269,000.

iShares S&P 100 ETF Price Performance

OEF stock opened at $377.86 on Friday. The company has a 50 day simple moving average of $370.54 and a 200 day simple moving average of $354.05. The stock has a market cap of $20.27 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 1 year low of $306.84 and a 1 year high of $384.82.

iShares S&P 100 ETF Profile

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.