iShares S&P 100 ETF (NYSEARCA:OEF) Hits New 1-Year High – What’s Next?

iShares S&P 100 ETF (NYSEARCA:OEF) reached a new 52-week high during trading on Thursday . The stock traded as high as $295.17 and last traded at $294.92, with a volume of 9481 shares changing hands. The stock had previously closed at $294.80.

iShares S&P 100 ETF Trading Up 0.0 %

The firm has a market cap of $14.21 billion, a P/E ratio of 28.76 and a beta of 1.04. The business’s 50-day moving average is $282.64 and its two-hundred day moving average is $270.65.

Hedge Funds Weigh In On iShares S&P 100 ETF

Institutional investors have recently made changes to their positions in the stock. Hershey Financial Advisers LLC acquired a new position in shares of iShares S&P 100 ETF during the second quarter valued at $29,000. NBT Bank N A NY boosted its stake in iShares S&P 100 ETF by 1,542.9% during the 2nd quarter. NBT Bank N A NY now owns 115 shares of the company’s stock valued at $30,000 after purchasing an additional 108 shares during the period. Cullen Frost Bankers Inc. bought a new position in iShares S&P 100 ETF in the 2nd quarter worth about $37,000. Hantz Financial Services Inc. increased its stake in shares of iShares S&P 100 ETF by 96.7% in the third quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock valued at $49,000 after purchasing an additional 87 shares during the period. Finally, Eastern Bank bought a new stake in shares of iShares S&P 100 ETF during the third quarter valued at approximately $69,000.

iShares S&P 100 ETF Company 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.