iShares S&P 100 ETF (NYSEARCA:OEF – Get Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 49,783 shares, a decrease of 65.9% from the August 15th total of 146,021 shares. Based on an average daily volume of 202,587 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.
iShares S&P 100 ETF Price Performance
Shares of NYSEARCA OEF traded up $3.15 during midday trading on Friday, reaching $380.35. 202,790 shares of the company traded hands, compared to its average volume of 761,509. iShares S&P 100 ETF has a 52 week low of $306.84 and a 52 week high of $385.05. The stock has a 50-day moving average price of $375.14 and a 200 day moving average price of $358.40. The company has a market cap of $20.41 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03.
Institutional Trading of iShares S&P 100 ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Aviance Capital Partners LLC increased its stake in shares of iShares S&P 100 ETF by 0.3% during the fourth quarter. Aviance Capital Partners LLC now owns 10,574 shares of the company’s stock valued at $3,627,000 after acquiring an additional 30 shares during the period. Nations Financial Group Inc. IA ADV lifted its position in iShares S&P 100 ETF by 2.0% in the first quarter. Nations Financial Group Inc. IA ADV now owns 1,774 shares of the company’s stock worth $564,000 after purchasing an additional 35 shares during the period. Asset Dedication LLC lifted its position in iShares S&P 100 ETF by 3.6% in the first quarter. Asset Dedication LLC now owns 1,048 shares of the company’s stock worth $333,000 after purchasing an additional 36 shares during the period. Advisory Alpha LLC boosted its stake in iShares S&P 100 ETF by 2.4% during the 4th quarter. Advisory Alpha LLC now owns 1,566 shares of the company’s stock valued at $537,000 after purchasing an additional 37 shares in the last quarter. Finally, Operose Advisors LLC boosted its stake in iShares S&P 100 ETF by 30.2% during the 4th quarter. Operose Advisors LLC now owns 164 shares of the company’s stock valued at $56,000 after purchasing an additional 38 shares in the last quarter.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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