2,481 Shares of iShares S&P 100 ETF $OEF Bought by Summit Global Investments

Summit Global Investments bought a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,481 shares of the company’s stock, valued at approximately $948,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC raised its holdings in shares of iShares S&P 100 ETF by 358.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 9,198 shares of the company’s stock worth $3,365,000 after buying an additional 7,190 shares in the last quarter. Ameritas Advisory Services LLC boosted its stake in iShares S&P 100 ETF by 158.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 5,409 shares of the company’s stock valued at $1,979,000 after buying an additional 3,316 shares in the last quarter. Optiver Holding B.V. acquired a new stake in iShares S&P 100 ETF in the 1st quarter valued at $1,672,000. Madrona Financial Services LLC bought a new stake in iShares S&P 100 ETF in the third quarter valued at $3,371,000. Finally, Compass Financial Management LLC bought a new stake in iShares S&P 100 ETF in the second quarter valued at $935,000.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock opened at $373.36 on Monday. The stock has a fifty day moving average price of $382.04 and a two-hundred day moving average price of $360.23. iShares S&P 100 ETF has a 52-week low of $306.84 and a 52-week high of $390.69. The firm has a market capitalization of $20.05 billion, a P/E ratio of 27.17 and a beta of 1.03.

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.