iShares S&P 100 ETF (NYSEARCA:OEF) Hits New 1-Year High – Here’s Why

iShares S&P 100 ETF (NYSEARCA:OEF) shares hit a new 52-week high during trading on Friday . The stock traded as high as $299.52 and last traded at $299.31, with a volume of 15736 shares traded. The stock had previously closed at $298.95.

iShares S&P 100 ETF Trading Up 0.1 %

The stock has a market cap of $14.42 billion, a P/E ratio of 28.76 and a beta of 1.04. The firm’s fifty day moving average is $293.36 and its 200 day moving average is $281.43.

Institutional Trading of iShares S&P 100 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of OEF. Midwest Capital Advisors LLC acquired a new stake in iShares S&P 100 ETF in the 4th quarter worth $28,000. Arlington Trust Co LLC acquired a new stake in iShares S&P 100 ETF in the 4th quarter worth $29,000. New Wave Wealth Advisors LLC acquired a new stake in iShares S&P 100 ETF in the 4th quarter worth $36,000. Glassman Wealth Services acquired a new stake in iShares S&P 100 ETF in the 4th quarter worth $39,000. Finally, DHJJ Financial Advisors Ltd. acquired a new stake in iShares S&P 100 ETF in the 4th quarter worth $42,000.

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.