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

Shares of iShares S&P 100 ETF (NYSEARCA:OEF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $369.11 and last traded at $368.03, with a volume of 223215 shares changing hands. The stock had previously closed at $367.38.

iShares S&P 100 ETF Stock Performance

The firm has a market cap of $20.47 billion, a price-to-earnings ratio of 27.17 and a beta of 1.02. The business’s 50-day moving average is $337.18 and its 200-day moving average is $339.87.

Institutional Investors Weigh In On iShares S&P 100 ETF

A number of hedge funds have recently made changes to their positions in the company. Smith Moore & CO. increased its position in shares of iShares S&P 100 ETF by 0.8% during the 3rd quarter. Smith Moore & CO. now owns 3,958 shares of the company’s stock worth $1,317,000 after purchasing an additional 30 shares in the last quarter. Aviance Capital Partners LLC increased its position in shares of iShares S&P 100 ETF by 0.3% during the 4th quarter. Aviance Capital Partners LLC now owns 10,574 shares of the company’s stock worth $3,627,000 after purchasing an additional 30 shares in the last quarter. Perfromance Wealth Partners LLC increased its position in shares of iShares S&P 100 ETF by 4.4% during the 4th quarter. Perfromance Wealth Partners LLC now owns 756 shares of the company’s stock worth $259,000 after purchasing an additional 32 shares in the last quarter. Uptick Partners LLC increased its position in shares of iShares S&P 100 ETF by 0.6% during the 3rd quarter. Uptick Partners LLC now owns 5,780 shares of the company’s stock worth $1,924,000 after purchasing an additional 33 shares in the last quarter. Finally, Beacon Bridge Wealth Partners LLC increased its position in shares of iShares S&P 100 ETF by 1.9% during the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 1,758 shares of the company’s stock worth $585,000 after purchasing an additional 33 shares in 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.