Riggs Capital Management LLC Takes Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Riggs Capital Management LLC acquired a new position in iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 3,196 shares of the company’s stock, valued at approximately $923,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OEF. Townsquare Capital LLC boosted its position in shares of iShares S&P 100 ETF by 1.7% in the 3rd quarter. Townsquare Capital LLC now owns 6,296 shares of the company’s stock worth $1,743,000 after purchasing an additional 104 shares during the last quarter. Freedom Investment Management Inc. acquired a new position in iShares S&P 100 ETF in the third quarter valued at about $322,000. Financial Counselors Inc. bought a new position in iShares S&P 100 ETF during the third quarter worth about $412,000. 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 worth $49,000 after buying an additional 87 shares during the period. Finally, Rockefeller Capital Management L.P. increased its stake in shares of iShares S&P 100 ETF by 13.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 26,673 shares of the company’s stock valued at $7,382,000 after acquiring an additional 3,145 shares during the last quarter.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock opened at $269.23 on Monday. The firm has a market capitalization of $16.42 billion, a price-to-earnings ratio of 25.84 and a beta of 0.99. The company’s 50 day simple moving average is $287.36 and its 200 day simple moving average is $285.75. iShares S&P 100 ETF has a fifty-two week low of $233.95 and a fifty-two week high of $300.35.

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.