Kayne Anderson Rudnick Investment Management LLC Grows Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 353.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 299 shares of the company’s stock after purchasing an additional 233 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in iShares S&P 100 ETF were worth $79,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in OEF. Parsons Capital Management Inc. RI lifted its holdings in shares of iShares S&P 100 ETF by 9.3% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 7,010 shares of the company’s stock worth $1,853,000 after buying an additional 594 shares during the period. Raleigh Capital Management Inc. grew its holdings in iShares S&P 100 ETF by 12,666.7% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,915 shares of the company’s stock worth $428,000 after acquiring an additional 1,900 shares in the last quarter. YHB Investment Advisors Inc. purchased a new position in iShares S&P 100 ETF during the 1st quarter valued at about $38,000. Empowered Funds LLC bought a new stake in shares of iShares S&P 100 ETF in the 1st quarter valued at about $347,000. Finally, Simplex Trading LLC raised its holdings in shares of iShares S&P 100 ETF by 47.8% in the 1st quarter. Simplex Trading LLC now owns 1,392 shares of the company’s stock valued at $344,000 after purchasing an additional 450 shares in the last quarter.

iShares S&P 100 ETF Stock Performance

NYSEARCA OEF opened at $276.10 on Wednesday. The company has a market cap of $13.31 billion, a PE ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a 52-week low of $193.00 and a 52-week high of $276.23. The firm’s 50 day moving average price is $265.63 and its 200-day moving average price is $257.11.

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.