5,400 Shares in iShares S&P 100 ETF $OEF Purchased by Adirondack Trust Co.

Adirondack Trust Co. bought a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,400 shares of the company’s stock, valued at approximately $2,063,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Focus Financial Network Inc. boosted its stake in iShares S&P 100 ETF by 5.5% in the 3rd quarter. Focus Financial Network Inc. now owns 7,171 shares of the company’s stock valued at $2,740,000 after purchasing an additional 374 shares during the period. Virginia Estate & Retirement Planning Advisors Inc. acquired a new position in iShares S&P 100 ETF in the 3rd quarter valued at $92,000. B. Riley Wealth Advisors Inc. acquired a new position in iShares S&P 100 ETF in the 3rd quarter valued at $2,274,000. Forvis Mazars Wealth Advisors LLC acquired a new position in iShares S&P 100 ETF in the 3rd quarter valued at $1,730,000. Finally, First Financial Corp IN bought a new position in iShares S&P 100 ETF during the 3rd quarter worth $186,000.

iShares S&P 100 ETF Trading Down 1.0%

OEF stock traded down $3.83 during trading hours on Wednesday, hitting $384.83. 75,126 shares of the stock were exchanged, compared to its average volume of 696,539. The firm has a market capitalization of $20.61 billion, a P/E ratio of 27.17 and a beta of 1.03. The company has a 50-day simple moving average of $381.97 and a two-hundred day simple moving average of $366.99. iShares S&P 100 ETF has a 12 month low of $306.84 and a 12 month high of $390.69.

iShares S&P 100 ETF 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.