Berkshire Money Management Inc. Invests $1.28 Million in iShares S&P 100 ETF (NYSEARCA:OEF)

Berkshire Money Management Inc. bought a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) in the 4th quarter, Holdings Channel.com reports. The firm bought 4,418 shares of the company’s stock, valued at approximately $1,276,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. New Wave Wealth Advisors LLC acquired a new stake in shares of iShares S&P 100 ETF in the fourth quarter valued at approximately $36,000. Hantz Financial Services Inc. raised its stake in iShares S&P 100 ETF by 96.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock valued at $49,000 after acquiring an additional 87 shares during the period. Geneos Wealth Management Inc. raised its stake in iShares S&P 100 ETF by 274.1% in the 4th quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock valued at $63,000 after acquiring an additional 159 shares during the period. Heck Capital Advisors LLC acquired a new stake in iShares S&P 100 ETF during the 4th quarter valued at $68,000. Finally, Eastern Bank acquired a new position in shares of iShares S&P 100 ETF in the third quarter valued at $69,000.

iShares S&P 100 ETF Price Performance

Shares of OEF opened at $294.69 on Wednesday. The company’s 50-day moving average is $292.63 and its 200-day moving average is $279.91. The firm has a market capitalization of $14.20 billion, a PE ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a fifty-two week low of $233.41 and a fifty-two week high of $299.45.

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.