Demars Financial Group LLC Makes New Investment in iShares S&P 100 ETF (NYSEARCA:OEF)

Demars Financial Group LLC purchased a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 163,883 shares of the company’s stock, valued at approximately $36,610,000. iShares S&P 100 ETF accounts for approximately 19.6% of Demars Financial Group LLC’s investment portfolio, making the stock its 2nd largest holding. Demars Financial Group LLC owned about 0.41% of iShares S&P 100 ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Carlson Capital Management raised its position in iShares S&P 100 ETF by 3.7% in the 3rd quarter. Carlson Capital Management now owns 1,403 shares of the company’s stock worth $281,000 after purchasing an additional 50 shares during the last quarter. VERITY Wealth Advisors raised its position in shares of iShares S&P 100 ETF by 1.7% during the 4th quarter. VERITY Wealth Advisors now owns 3,167 shares of the company’s stock valued at $708,000 after acquiring an additional 53 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of iShares S&P 100 ETF by 2.1% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,103 shares of the company’s stock valued at $623,000 after acquiring an additional 64 shares during the last quarter. W Advisors LLC raised its position in shares of iShares S&P 100 ETF by 0.3% during the 3rd quarter. W Advisors LLC now owns 25,407 shares of the company’s stock valued at $5,098,000 after acquiring an additional 69 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of iShares S&P 100 ETF by 122.2% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 160 shares of the company’s stock valued at $32,000 after buying an additional 88 shares during the period.

iShares S&P 100 ETF Stock Up 1.3 %

Shares of OEF stock opened at $239.90 on Wednesday. iShares S&P 100 ETF has a 12-month low of $185.37 and a 12-month high of $248.69. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 28.10 and a beta of 0.99. The firm has a fifty day moving average of $242.45 and a 200-day moving average of $226.27.

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.