Financial Enhancement Group LLC Purchases New Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Financial Enhancement Group LLC purchased a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 94,826 shares of the company’s stock, valued at approximately $27,068,000. iShares S&P 100 ETF accounts for approximately 4.1% of Financial Enhancement Group LLC’s portfolio, making the stock its 3rd biggest position.

Several other institutional investors have also recently made changes to their positions in OEF. Rhumbline Advisers increased its stake in shares of iShares S&P 100 ETF by 85.8% in the 2nd quarter. Rhumbline Advisers now owns 433 shares of the company’s stock valued at $114,000 after purchasing an additional 200 shares in the last quarter. BOKF NA grew its holdings in iShares S&P 100 ETF by 62.3% in the second quarter. BOKF NA now owns 331 shares of the company’s stock valued at $87,000 after purchasing an additional 127 shares during the period. Renaissance Technologies LLC increased its position in shares of iShares S&P 100 ETF by 223.8% in the second quarter. Renaissance Technologies LLC now owns 13,600 shares of the company’s stock valued at $3,594,000 after buying an additional 9,400 shares in the last quarter. E Fund Management Co. Ltd. acquired a new position in shares of iShares S&P 100 ETF during the 2nd quarter worth approximately $1,004,000. Finally, Argent Trust Co lifted its position in shares of iShares S&P 100 ETF by 1.1% during the 2nd quarter. Argent Trust Co now owns 7,788 shares of the company’s stock valued at $2,058,000 after buying an additional 86 shares in the last quarter.

iShares S&P 100 ETF Stock Performance

iShares S&P 100 ETF stock opened at $290.94 on Thursday. The stock has a market capitalization of $14.02 billion, a P/E ratio of 28.76 and a beta of 1.04. The company’s fifty day moving average price is $290.69 and its 200 day moving average price is $277.62. iShares S&P 100 ETF has a 1 year low of $222.17 and a 1 year high of $298.44.

iShares S&P 100 ETF Profile

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.