Independence Bank of Kentucky Boosts Stake in iShares S&P 100 ETF (NYSEARCA:OEF)

Independence Bank of Kentucky lifted its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 807.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,486 shares of the company’s stock after buying an additional 15,559 shares during the period. iShares S&P 100 ETF makes up approximately 0.8% of Independence Bank of Kentucky’s portfolio, making the stock its 25th biggest holding. Independence Bank of Kentucky’s holdings in iShares S&P 100 ETF were worth $5,051,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. New Wave Wealth Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF during the 4th quarter valued at $36,000. Hantz Financial Services Inc. raised its position in iShares S&P 100 ETF by 96.7% in the third quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock worth $49,000 after acquiring an additional 87 shares during the period. Geneos Wealth Management Inc. boosted its stake in iShares S&P 100 ETF by 274.1% in the fourth quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock valued at $63,000 after acquiring an additional 159 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF during the 4th quarter worth approximately $68,000. Finally, Eastern Bank bought a new stake in shares of iShares S&P 100 ETF in the 3rd quarter worth approximately $69,000.

iShares S&P 100 ETF Price Performance

Shares of OEF opened at $294.56 on Friday. iShares S&P 100 ETF has a 1 year low of $228.59 and a 1 year high of $299.45. The stock’s fifty day moving average price is $292.53 and its two-hundred day moving average price is $279.63. The firm has a market cap of $14.20 billion, a PE ratio of 28.76 and a beta of 1.04.

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.