Demars Financial Group LLC Has $35.64 Million Holdings in iShares S&P 100 ETF $OEF

Demars Financial Group LLC increased its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 3.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 103,910 shares of the company’s stock after acquiring an additional 3,828 shares during the quarter. iShares S&P 100 ETF accounts for 11.9% of Demars Financial Group LLC’s portfolio, making the stock its 4th biggest position. Demars Financial Group LLC’s holdings in iShares S&P 100 ETF were worth $35,638,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of OEF. Envestnet Asset Management Inc. boosted its position in iShares S&P 100 ETF by 82.3% in the third quarter. Envestnet Asset Management Inc. now owns 10,736,206 shares of the company’s stock worth $3,573,439,000 after purchasing an additional 4,846,586 shares during the last quarter. BlueCrest Capital Management Ltd purchased a new position in iShares S&P 100 ETF in the third quarter worth $307,934,000. CWM LLC boosted its position in iShares S&P 100 ETF by 127.5% in the third quarter. CWM LLC now owns 1,163,773 shares of the company’s stock worth $387,350,000 after purchasing an additional 652,134 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares S&P 100 ETF by 27.8% in the third quarter. JPMorgan Chase & Co. now owns 2,680,787 shares of the company’s stock worth $892,274,000 after purchasing an additional 583,087 shares during the last quarter. Finally, SoundView Advisors Inc. purchased a new position in iShares S&P 100 ETF in the third quarter worth $182,139,000.

iShares S&P 100 ETF Trading Up 2.5%

OEF stock opened at $330.15 on Thursday. The stock’s fifty day simple moving average is $330.77 and its two-hundred day simple moving average is $336.76. iShares S&P 100 ETF has a 1-year low of $239.20 and a 1-year high of $349.08. The stock has a market cap of $18.46 billion, a P/E ratio of 27.17 and a beta of 1.01.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.