Merit Financial Group LLC Boosts Stock Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Merit Financial Group LLC raised its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 260.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 37,187 shares of the company’s stock after buying an additional 26,873 shares during the period. Merit Financial Group LLC’s holdings in iShares S&P 100 ETF were worth $8,307,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in OEF. Stokes Family Office LLC acquired a new stake in shares of iShares S&P 100 ETF in the 4th quarter valued at about $13,298,000. Benjamin F. Edwards & Company Inc. increased its holdings in iShares S&P 100 ETF by 673.8% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,834 shares of the company’s stock valued at $410,000 after buying an additional 1,597 shares during the last quarter. Aveo Capital Partners LLC raised its stake in iShares S&P 100 ETF by 61.1% during the fourth quarter. Aveo Capital Partners LLC now owns 55,928 shares of the company’s stock valued at $12,494,000 after buying an additional 21,202 shares in the last quarter. Natixis Advisors L.P. lifted its holdings in iShares S&P 100 ETF by 6.2% during the 4th quarter. Natixis Advisors L.P. now owns 20,369 shares of the company’s stock worth $4,550,000 after buying an additional 1,182 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in iShares S&P 100 ETF by 138.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 207,095 shares of the company’s stock worth $46,263,000 after buying an additional 120,343 shares during the last quarter.

iShares S&P 100 ETF Stock Up 1.5 %

Shares of OEF traded up $3.51 during mid-day trading on Friday, hitting $243.74. The stock had a trading volume of 228,131 shares, compared to its average volume of 365,170. The company has a market cap of $11.63 billion, a PE ratio of 27.85 and a beta of 0.99. iShares S&P 100 ETF has a fifty-two week low of $185.74 and a fifty-two week high of $248.69. The company’s fifty day simple moving average is $242.76 and its two-hundred day simple moving average is $227.68.

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.