iShares S&P 100 ETF (NYSEARCA:OEF) Hits New 12-Month High – Here’s What Happened

iShares S&P 100 ETF (NYSEARCA:OEF) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $283.40 and last traded at $283.40, with a volume of 118196 shares changing hands. The stock had previously closed at $282.28.

iShares S&P 100 ETF Stock Up 0.2 %

The firm has a market cap of $13.63 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. The business’s fifty day moving average is $272.17 and its two-hundred day moving average is $261.39.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Detalus Advisors LLC raised its stake in iShares S&P 100 ETF by 6.9% during the 3rd quarter. Detalus Advisors LLC now owns 36,468 shares of the company’s stock worth $10,093,000 after buying an additional 2,364 shares during the period. Elevated Capital Advisors LLC acquired a new position in iShares S&P 100 ETF during the third quarter worth $346,000. Private Advisor Group LLC boosted its stake in shares of iShares S&P 100 ETF by 7.5% during the 3rd quarter. Private Advisor Group LLC now owns 26,021 shares of the company’s stock worth $7,202,000 after acquiring an additional 1,819 shares during the period. Eastern Bank bought a new position in iShares S&P 100 ETF during the third quarter worth $69,000. Finally, Calton & Associates Inc. acquired a new position in iShares S&P 100 ETF in the 3rd quarter valued at about $472,000.

iShares S&P 100 ETF Company 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.