HighTower Advisors LLC Acquires 4,556 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

HighTower Advisors LLC grew its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 12.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 40,299 shares of the company’s stock after purchasing an additional 4,556 shares during the quarter. HighTower Advisors LLC’s holdings in iShares S&P 100 ETF were worth $11,640,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Prosperity Wealth Management Inc. raised its position in shares of iShares S&P 100 ETF by 8.9% during the fourth quarter. Prosperity Wealth Management Inc. now owns 6,892 shares of the company’s stock worth $1,991,000 after purchasing an additional 562 shares during the period. Wealthfront Advisers LLC acquired a new position in shares of iShares S&P 100 ETF during the fourth quarter worth approximately $1,220,000. Citizens Financial Group Inc. RI raised its position in shares of iShares S&P 100 ETF by 896.9% during the fourth quarter. Citizens Financial Group Inc. RI now owns 22,220 shares of the company’s stock worth $6,418,000 after purchasing an additional 19,991 shares during the period. Clare Market Investments LLC acquired a new position in shares of iShares S&P 100 ETF during the fourth quarter worth approximately $259,000. Finally, Investors Research Corp raised its position in shares of iShares S&P 100 ETF by 4.5% during the fourth quarter. Investors Research Corp now owns 47,903 shares of the company’s stock worth $13,837,000 after purchasing an additional 2,084 shares during the period.

iShares S&P 100 ETF Stock Up 2.0 %

Shares of NYSEARCA:OEF opened at $273.78 on Monday. iShares S&P 100 ETF has a twelve month low of $233.95 and a twelve month high of $300.35. The stock’s 50 day moving average is $290.22 and its 200-day moving average is $285.12. The firm has a market capitalization of $16.51 billion, a price-to-earnings ratio of 26.23 and a beta of 0.99.

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.