iShares S&P 100 ETF (NYSEARCA:OEF) Sets New 12-Month High – What’s Next?

iShares S&P 100 ETF (NYSEARCA:OEFGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $379.32 and last traded at $379.08, with a volume of 51640 shares trading hands. The stock had previously closed at $374.83.

iShares S&P 100 ETF Stock Up 2.0%

The business’s fifty day moving average is $367.65 and its 200 day moving average is $350.33. The stock has a market cap of $20.53 billion, a PE ratio of 27.17 and a beta of 1.03.

Institutional Investors Weigh In On iShares S&P 100 ETF

A number of institutional investors and hedge funds have recently modified their holdings of OEF. Allspring Global Investments Holdings LLC acquired a new position in iShares S&P 100 ETF during the first quarter worth $26,000. Bank of Jackson Hole Trust purchased a new position in shares of iShares S&P 100 ETF in the fourth quarter valued at $26,000. Wealth Watch Advisors INC increased its position in shares of iShares S&P 100 ETF by 187.1% in the fourth quarter. Wealth Watch Advisors INC now owns 89 shares of the company’s stock valued at $31,000 after buying an additional 58 shares in the last quarter. Sarver Vrooman Wealth Advisors acquired a new position in shares of iShares S&P 100 ETF during the 4th quarter worth $32,000. Finally, Hurley Capital LLC purchased a new stake in shares of iShares S&P 100 ETF in the 4th quarter worth about $37,000.

iShares S&P 100 ETF Company Profile

(Get Free Report)

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.

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