University of Texas Texas AM Investment Management Co. Makes New $3.02 Million Investment in iShares S&P 100 ETF $OEF

University of Texas Texas AM Investment Management 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 Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,903 shares of the company’s stock, valued at approximately $3,020,000.

A number of other hedge funds have also made changes to their positions in OEF. NBH Bank purchased a new stake in shares of iShares S&P 100 ETF in the 2nd quarter worth about $28,000. Allspring Global Investments Holdings LLC purchased a new position in iShares S&P 100 ETF during the 1st quarter valued at about $26,000. Team Financial Group LLC acquired a new position in iShares S&P 100 ETF during the third quarter worth about $33,000. Toth Financial Advisory Corp acquired a new position in iShares S&P 100 ETF during the third quarter worth about $36,000. Finally, GK Wealth Management LLC acquired a new position in iShares S&P 100 ETF during the third quarter worth about $36,000.

iShares S&P 100 ETF Price Performance

Shares of NYSEARCA OEF opened at $363.37 on Monday. iShares S&P 100 ETF has a 12-month low of $306.84 and a 12-month high of $390.69. The company has a market capitalization of $19.48 billion, a PE ratio of 24.67 and a beta of 1.03. The firm’s 50-day moving average is $381.16 and its two-hundred day moving average is $360.91.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.