USA Financial Formulas Buys New Stake in iShares S&P 100 ETF $OEF

USA Financial Formulas bought a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 1,792 shares of the company’s stock, valued at approximately $685,000.

Several other institutional investors have also bought and sold shares of OEF. Hengehold Capital Management LLC bought a new stake in iShares S&P 100 ETF in the third quarter valued at $2,278,000. McKinley Carter Wealth Services Inc. acquired a new position in iShares S&P 100 ETF during the third quarter worth $9,657,000. TD Waterhouse Canada Inc. raised its stake in iShares S&P 100 ETF by 3.6% during the third quarter. TD Waterhouse Canada Inc. now owns 5,475 shares of the company’s stock worth $2,090,000 after acquiring an additional 190 shares in the last quarter. Perryman Financial Advisory Inc. AD acquired a new position in iShares S&P 100 ETF during the third quarter worth $4,046,000. Finally, Goelzer Investment Management Inc. bought a new position in shares of iShares S&P 100 ETF during the third quarter valued at $209,000.

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA OEF opened at $380.18 on Friday. iShares S&P 100 ETF has a 52-week low of $306.84 and a 52-week high of $390.69. The business has a fifty day moving average of $382.07 and a two-hundred day moving average of $368.10. The stock has a market cap of $20.38 billion, a PE ratio of 27.17 and a beta of 1.03.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.