Demars Financial Group LLC Cuts Stock Holdings in iShares S&P 100 ETF $OEF

Demars Financial Group LLC cut its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 99.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,504 shares of the company’s stock after selling 50,622,113 shares during the period. iShares S&P 100 ETF comprises about 11.6% of Demars Financial Group LLC’s investment portfolio, making the stock its 4th largest position. Demars Financial Group LLC’s holdings in iShares S&P 100 ETF were worth $30,284,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Cornerstone Planning Group LLC grew its holdings in shares of iShares S&P 100 ETF by 958.3% in the first quarter. Cornerstone Planning Group LLC now owns 127 shares of the company’s stock worth $33,000 after purchasing an additional 115 shares during the last quarter. Beacon Capital Management LLC bought a new position in shares of iShares S&P 100 ETF in the second quarter worth about $37,000. Quest 10 Wealth Builders Inc. grew its holdings in shares of iShares S&P 100 ETF by 74.7% in the first quarter. Quest 10 Wealth Builders Inc. now owns 145 shares of the company’s stock worth $39,000 after purchasing an additional 62 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares S&P 100 ETF by 126.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 136 shares of the company’s stock worth $41,000 after purchasing an additional 76 shares during the last quarter. Finally, Hilltop National Bank bought a new position in shares of iShares S&P 100 ETF in the second quarter worth about $46,000.

iShares S&P 100 ETF Trading Up 0.7%

NYSEARCA OEF opened at $333.12 on Monday. The company’s 50-day moving average price is $326.45 and its 200-day moving average price is $301.53. The stock has a market cap of $28.02 billion, a PE ratio of 27.17 and a beta of 0.99. iShares S&P 100 ETF has a 12 month low of $232.57 and a 12 month high of $337.67.

About iShares S&P 100 ETF

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.