Pinnacle Wealth Management Advisory Group LLC Boosts Stock Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Pinnacle Wealth Management Advisory Group LLC increased its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 2.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,381 shares of the company’s stock after buying an additional 85 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares S&P 100 ETF were worth $979,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. CWM LLC increased its holdings in iShares S&P 100 ETF by 78,201.6% during the 4th quarter. CWM LLC now owns 649,120 shares of the company’s stock worth $145,007,000 after acquiring an additional 648,291 shares during the period. International Assets Investment Management LLC bought a new stake in iShares S&P 100 ETF during the fourth quarter valued at $52,603,000. OLD National Bancorp IN grew its position in iShares S&P 100 ETF by 226.8% during the third quarter. OLD National Bancorp IN now owns 334,226 shares of the company’s stock worth $67,059,000 after buying an additional 231,958 shares in the last quarter. Demars Financial Group LLC bought a new position in iShares S&P 100 ETF in the 4th quarter worth about $36,610,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of iShares S&P 100 ETF by 138.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 207,095 shares of the company’s stock valued at $46,263,000 after acquiring an additional 120,343 shares in the last quarter.

iShares S&P 100 ETF Trading Up 0.1 %

Shares of NYSEARCA OEF traded up $0.20 during midday trading on Wednesday, hitting $246.62. 170,037 shares of the company’s stock were exchanged, compared to its average volume of 360,013. The business’s fifty day moving average price is $243.04 and its two-hundred day moving average price is $228.93. The company has a market cap of $11.76 billion, a price-to-earnings ratio of 27.85 and a beta of 0.99. iShares S&P 100 ETF has a 12-month low of $188.65 and a 12-month high of $248.69.

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.