iShares S&P 100 ETF (NYSEARCA:OEF) Stake Boosted by Merit Financial Group LLC

Merit Financial Group LLC increased its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 805.0% during the 4th quarter, HoldingsChannel reports. The firm owned 70,978 shares of the company’s stock after acquiring an additional 63,135 shares during the period. Merit Financial Group LLC’s holdings in iShares S&P 100 ETF were worth $20,502,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Fifth Third Wealth Advisors LLC lifted its stake in iShares S&P 100 ETF by 2.6% in the third quarter. Fifth Third Wealth Advisors LLC now owns 2,188 shares of the company’s stock valued at $606,000 after buying an additional 55 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares S&P 100 ETF by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,494,935 shares of the company’s stock worth $413,739,000 after acquiring an additional 13,236 shares during the period. Renaissance Technologies LLC lifted its position in iShares S&P 100 ETF by 223.8% in the 2nd quarter. Renaissance Technologies LLC now owns 13,600 shares of the company’s stock valued at $3,594,000 after purchasing an additional 9,400 shares during the last quarter. Dentgroup LLC boosted its stake in iShares S&P 100 ETF by 8.8% during the 3rd quarter. Dentgroup LLC now owns 2,487 shares of the company’s stock valued at $688,000 after purchasing an additional 202 shares during the period. Finally, Ridgeline Wealth LLC bought a new position in iShares S&P 100 ETF in the 4th quarter worth about $4,704,000.

iShares S&P 100 ETF Trading Up 1.2 %

Shares of NYSEARCA:OEF opened at $292.21 on Friday. The firm’s 50 day moving average is $290.82 and its two-hundred day moving average is $277.97. The firm has a market capitalization of $14.08 billion, a P/E ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a 52 week low of $223.73 and a 52 week high of $298.44.

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.