iShares S&P 100 ETF (NYSEARCA:OEF) Short Interest Up 96.0% in June

iShares S&P 100 ETF (NYSEARCA:OEF) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 177,042 shares, a growth of 96.0% from the June 15th total of 90,335 shares. Based on an average trading volume of 330,265 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s shares are short sold.

iShares S&P 100 ETF Trading Down 1.2%

OEF traded down $4.30 on Friday, hitting $366.89. 337,388 shares of the company were exchanged, compared to its average volume of 917,067. The firm has a 50-day moving average price of $368.48 and a two-hundred day moving average price of $348.64. The company has a market cap of $20.01 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a twelve month low of $306.18 and a twelve month high of $379.02.

Institutional Investors Weigh In On iShares S&P 100 ETF

Large investors have recently added to or reduced their stakes in the business. BlueCrest Capital Management Ltd acquired a new stake in iShares S&P 100 ETF during the 3rd quarter worth approximately $307,934,000. Northwestern Mutual Wealth Management Co. grew its stake in iShares S&P 100 ETF by 203.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,282,015 shares of the company’s stock worth $439,693,000 after buying an additional 859,264 shares during the last quarter. Quantum Financial Advisors LLC bought a new stake in iShares S&P 100 ETF during the 4th quarter valued at $125,913,000. LPL Financial LLC boosted its stake in iShares S&P 100 ETF by 6.9% during the fourth quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock valued at $1,553,746,000 after buying an additional 290,930 shares in the last quarter. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of iShares S&P 100 ETF by 1,097.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 315,175 shares of the company’s stock worth $95,924,000 after acquiring an additional 288,847 shares during the last quarter.

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.