Demars Financial Group LLC Purchases Shares of 163,883 iShares S&P 100 ETF (NYSEARCA:OEF)

Demars Financial Group LLC purchased a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 163,883 shares of the company’s stock, valued at approximately $36,610,000. iShares S&P 100 ETF comprises about 19.6% of Demars Financial Group LLC’s holdings, making the stock its 2nd biggest position.

Other hedge funds have also modified their holdings of the company. Choate Investment Advisors purchased a new position in shares of iShares S&P 100 ETF in the 3rd quarter valued at approximately $30,000. Cullen Frost Bankers Inc. raised its position in shares of iShares S&P 100 ETF by 122.2% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 160 shares of the company’s stock valued at $32,000 after purchasing an additional 88 shares during the last quarter. Simplex Trading LLC purchased a new position in shares of iShares S&P 100 ETF in the 3rd quarter valued at approximately $36,000. Orion Capital Management LLC purchased a new position in shares of iShares S&P 100 ETF in the 3rd quarter valued at approximately $39,000. Finally, Larson Financial Group LLC raised its position in shares of iShares S&P 100 ETF by 431.9% in the 3rd quarter. Larson Financial Group LLC now owns 250 shares of the company’s stock valued at $50,000 after purchasing an additional 203 shares during the last quarter.

iShares S&P 100 ETF Stock Up 1.3 %

Shares of iShares S&P 100 ETF stock opened at $239.90 on Wednesday. The firm has a market capitalization of $11.35 billion, a P/E ratio of 28.10 and a beta of 0.99. The company has a 50 day moving average price of $242.45 and a 200 day moving average price of $226.27. iShares S&P 100 ETF has a 52 week low of $185.37 and a 52 week high of $248.69.

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.