Bank of America Corp DE Buys 262,408 Shares of iShares S&P 100 ETF $OEF

Bank of America Corp DE boosted its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 4.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,834,483 shares of the company’s stock after purchasing an additional 262,408 shares during the period. Bank of America Corp DE owned approximately 8.08% of iShares S&P 100 ETF worth $2,274,789,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Physician Wealth Advisors Inc. boosted its holdings in shares of iShares S&P 100 ETF by 74.5% in the third quarter. Physician Wealth Advisors Inc. now owns 82 shares of the company’s stock worth $27,000 after buying an additional 35 shares during the last quarter. Phillips Financial Management LLC bought a new position in shares of iShares S&P 100 ETF in the third quarter worth approximately $30,000. Corsicana & Co. bought a new stake in shares of iShares S&P 100 ETF during the 3rd quarter valued at $32,000. Sage Mountain Advisors LLC lifted its stake in shares of iShares S&P 100 ETF by 125.5% during the 3rd quarter. Sage Mountain Advisors LLC now owns 106 shares of the company’s stock valued at $35,000 after buying an additional 59 shares in the last quarter. Finally, First Command Advisory Services Inc. purchased a new position in shares of iShares S&P 100 ETF during the 3rd quarter valued at $39,000.

iShares S&P 100 ETF Stock Performance

Shares of iShares S&P 100 ETF stock opened at $325.64 on Monday. iShares S&P 100 ETF has a fifty-two week low of $232.57 and a fifty-two week high of $349.08. The company has a market capitalization of $27.89 billion, a P/E ratio of 27.17 and a beta of 1.00. The company has a fifty day moving average of $339.00 and a 200 day moving average of $337.40.

iShares S&P 100 ETF Company 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.