iShares S&P 100 ETF (NYSEARCA:OEF) Reaches New 52-Week High – Here’s What Happened

iShares S&P 100 ETF (NYSEARCA:OEF)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $384.96 and last traded at $384.8890, with a volume of 99552 shares traded. The stock had previously closed at $380.05.

iShares S&P 100 ETF Stock Up 1.3%

The firm has a 50 day moving average of $372.65 and a two-hundred day moving average of $356.31. The firm has a market capitalization of $20.65 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03.

Institutional Trading of iShares S&P 100 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of OEF. First Trust Advisors LP increased its holdings in iShares S&P 100 ETF by 84.9% in 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 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 buying an additional 981 shares during the period. HUB Investment Partners LLC acquired a new position in shares of iShares S&P 100 ETF in the 2nd quarter valued at about $209,000. Diversify Advisory Services LLC boosted its holdings 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 in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in iShares S&P 100 ETF in the second quarter worth $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.