Citigroup Inc. Has $52.47 Million Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Citigroup Inc. boosted its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 9.4% in the third quarter, Holdings Channel reports. The firm owned 189,592 shares of the company’s stock after acquiring an additional 16,284 shares during the period. Citigroup Inc.’s holdings in iShares S&P 100 ETF were worth $52,471,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hershey Financial Advisers LLC acquired a new position in shares of iShares S&P 100 ETF during the 2nd quarter worth about $29,000. NBT Bank N A NY grew its position in iShares S&P 100 ETF by 1,542.9% during the second quarter. NBT Bank N A NY now owns 115 shares of the company’s stock worth $30,000 after buying an additional 108 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in iShares S&P 100 ETF during the second quarter valued at about $37,000. Sugarloaf Wealth Management LLC raised its holdings in iShares S&P 100 ETF by 66.4% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 203 shares of the company’s stock valued at $54,000 after acquiring an additional 81 shares in the last quarter. Finally, Eastern Bank bought a new stake in shares of iShares S&P 100 ETF in the 3rd quarter worth approximately $69,000.

iShares S&P 100 ETF Trading Up 0.1 %

Shares of NYSEARCA OEF opened at $286.88 on Friday. The firm has a market capitalization of $13.83 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a one year low of $213.40 and a one year high of $290.50. The business has a fifty day simple moving average of $279.94 and a 200 day simple moving average of $268.37.

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.