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

iShares S&P 100 ETF (NYSEARCA:OEF) reached a new 52-week high on Tuesday . The stock traded as high as $335.87 and last traded at $335.50, with a volume of 462784 shares trading hands. The stock had previously closed at $333.98.

iShares S&P 100 ETF Stock Up 0.5%

The stock has a 50 day simple moving average of $322.88 and a 200 day simple moving average of $297.76. The company has a market cap of $27.76 billion, a price-to-earnings ratio of 27.17 and a beta of 0.99.

Institutional Trading of iShares S&P 100 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bogart Wealth LLC grew its stake in iShares S&P 100 ETF by 217.2% during the 2nd quarter. Bogart Wealth LLC now owns 92 shares of the company’s stock valued at $28,000 after purchasing an additional 63 shares in the last quarter. CX Institutional bought a new stake in shares of iShares S&P 100 ETF in the 1st quarter worth about $25,000. Beacon Capital Management LLC bought a new stake in iShares S&P 100 ETF in the second quarter valued at about $37,000. Cornerstone Planning Group LLC raised its stake in iShares S&P 100 ETF by 958.3% during the first quarter. Cornerstone Planning Group LLC now owns 127 shares of the company’s stock valued at $33,000 after buying an additional 115 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares S&P 100 ETF by 126.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 136 shares of the company’s stock worth $41,000 after buying an additional 76 shares during the last quarter.

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.