iShares S&P 100 ETF (NYSEARCA:OEF) Short Interest Update

iShares S&P 100 ETF (NYSEARCA:OEF) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 75,274 shares, a decline of 57.5% from the June 30th total of 177,042 shares. Based on an average daily volume of 224,485 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

iShares S&P 100 ETF Stock Performance

OEF opened at $363.23 on Monday. The firm has a market cap of $19.80 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. The firm’s 50-day simple moving average is $368.11 and its 200-day simple moving average is $349.47. iShares S&P 100 ETF has a twelve month low of $306.18 and a twelve month high of $379.02.

Hedge Funds Weigh In On iShares S&P 100 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OEF. Demars Financial Group LLC increased its holdings in iShares S&P 100 ETF by 3.8% during the 4th quarter. Demars Financial Group LLC now owns 103,910 shares of the company’s stock valued at $35,638,000 after purchasing an additional 3,828 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in iShares S&P 100 ETF by 40.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 62,574 shares of the company’s stock worth $21,461,000 after purchasing an additional 18,076 shares in the last quarter. Turtle Creek Wealth Advisors LLC boosted its stake in iShares S&P 100 ETF by 192.0% in the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 6,292 shares of the company’s stock worth $2,158,000 after purchasing an additional 4,137 shares in the last quarter. FLP Wealth Management LLC grew its holdings in shares of iShares S&P 100 ETF by 2,102.8% during the fourth quarter. FLP Wealth Management LLC now owns 39,099 shares of the company’s stock worth $13,410,000 after purchasing an additional 37,324 shares during the last quarter. Finally, J.M. Arbour LLC bought a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth $2,597,000.

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.