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

iShares S&P 100 ETF (NYSEARCA:OEFGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as $298.59 and last traded at $298.52, with a volume of 203121 shares. The stock had previously closed at $296.84.

iShares S&P 100 ETF Stock Performance

The stock has a market capitalization of $14.36 billion, a PE ratio of 28.76 and a beta of 1.04. The business’s 50-day moving average is $291.63 and its two-hundred day moving average is $278.87.

Hedge Funds Weigh In On iShares S&P 100 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hershey Financial Advisers LLC acquired a new stake in shares of iShares S&P 100 ETF during the 2nd quarter valued at approximately $29,000. New Wave Wealth Advisors LLC purchased a new position in iShares S&P 100 ETF in the 4th quarter valued at approximately $36,000. Hantz Financial Services Inc. raised its holdings in iShares S&P 100 ETF by 96.7% during the third quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock worth $49,000 after purchasing an additional 87 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in iShares S&P 100 ETF by 274.1% during the fourth quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock worth $63,000 after purchasing an additional 159 shares in the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in iShares S&P 100 ETF in the fourth quarter valued at $68,000.

About iShares S&P 100 ETF

(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.

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