RMR Wealth Builders Takes $2.63 Million Position in iShares S&P 100 ETF (NYSEARCA:OEF)

RMR Wealth Builders purchased a new position in iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 9,113 shares of the company’s stock, valued at approximately $2,632,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hershey Financial Advisers LLC acquired a new stake in shares of iShares S&P 100 ETF during the second quarter worth $29,000. Hantz Financial Services Inc. grew its position in shares of iShares S&P 100 ETF by 96.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock valued at $49,000 after buying an additional 87 shares during the last quarter. Eastern Bank acquired a new stake in iShares S&P 100 ETF during the third quarter worth about $69,000. Sugarloaf Wealth Management LLC lifted its holdings in iShares S&P 100 ETF by 30.5% in the third quarter. Sugarloaf Wealth Management LLC now owns 265 shares of the company’s stock worth $73,000 after acquiring an additional 62 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its stake in iShares S&P 100 ETF by 353.0% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 299 shares of the company’s stock valued at $79,000 after acquiring an additional 233 shares during the period.

iShares S&P 100 ETF Stock Down 1.4 %

NYSEARCA OEF traded down $4.04 during trading hours on Friday, hitting $285.72. The company had a trading volume of 380,316 shares, compared to its average volume of 285,636. The business has a fifty day simple moving average of $290.20 and a 200-day simple moving average of $277.01. The firm has a market cap of $13.77 billion, a P/E ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a fifty-two week low of $222.17 and a fifty-two week high of $298.44.

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.