iShares S&P 100 ETF (NYSEARCA:OEF) Short Interest Down 65.9% in August

iShares S&P 100 ETF (NYSEARCA:OEF) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 49,783 shares, a decrease of 65.9% from the August 15th total of 146,021 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 202,587 shares, the short-interest ratio is currently 0.2 days.

iShares S&P 100 ETF Stock Up 0.8%

NYSEARCA:OEF traded up $3.15 during mid-day trading on Friday, reaching $380.35. 202,790 shares of the company were exchanged, compared to its average volume of 761,509. The stock has a market cap of $20.41 billion, a PE ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 12 month low of $306.84 and a 12 month high of $385.05. The company has a fifty day moving average of $375.14 and a 200 day moving average of $358.57.

Institutional Trading of iShares S&P 100 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of OEF. Bank of America Corp DE lifted its holdings in iShares S&P 100 ETF by 2.6% during the 2nd quarter. Bank of America Corp DE now owns 6,572,075 shares of the company’s stock worth $2,000,211,000 after buying an additional 168,990 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares S&P 100 ETF by 6.9% in the 4th quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock valued at $1,553,746,000 after buying an additional 290,930 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 100 ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 2,791,323 shares of the company’s stock valued at $957,340,000 after buying an additional 110,536 shares during the period. Fifth Third Bancorp raised its position in shares of iShares S&P 100 ETF by 1.3% during the first quarter. Fifth Third Bancorp now owns 2,582,609 shares of the company’s stock worth $821,451,000 after acquiring an additional 33,445 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of iShares S&P 100 ETF by 6.1% during the fourth quarter. Morgan Stanley now owns 2,555,823 shares of the company’s stock worth $876,571,000 after acquiring an additional 147,326 shares during the last quarter.

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.