Grimes & Company Inc. Raises Stock Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Grimes & Company Inc. raised its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,354 shares of the company’s stock after purchasing an additional 46 shares during the quarter. Grimes & Company Inc.’s holdings in iShares S&P 100 ETF were worth $680,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Hershey Financial Advisers LLC purchased a new position in iShares S&P 100 ETF during the 2nd quarter valued at $29,000. Hantz Financial Services Inc. increased its position in 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 purchasing an additional 87 shares during the period. Geneos Wealth Management Inc. increased its position in iShares S&P 100 ETF by 274.1% during the 4th quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock valued at $63,000 after purchasing an additional 159 shares during the period. Eastern Bank purchased a new position in iShares S&P 100 ETF during the 3rd quarter valued at $69,000. Finally, Sugarloaf Wealth Management LLC increased its position in iShares S&P 100 ETF by 30.5% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 265 shares of the company’s stock valued at $73,000 after purchasing an additional 62 shares during the period.

iShares S&P 100 ETF Trading Down 0.2 %

Shares of iShares S&P 100 ETF stock opened at $298.02 on Friday. The company’s fifty day simple moving average is $291.63 and its two-hundred day simple moving average is $278.87. The company has a market cap of $14.36 billion, a P/E ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a 12-month low of $228.59 and a 12-month high of $299.45.

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.