Burke & Herbert Bank & Trust Co. Purchases New Position in iShares S&P 100 ETF $OEF

Burke & Herbert Bank & Trust Co. purchased a new position 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 SEC. The firm purchased 1,775 shares of the company’s stock, valued at approximately $678,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in OEF. Allspring Global Investments Holdings LLC acquired a new stake in iShares S&P 100 ETF in the first quarter worth $26,000. NBH Bank bought a new stake in iShares S&P 100 ETF in the second quarter valued at $28,000. Team Financial Group LLC acquired a new position in shares of iShares S&P 100 ETF during the third quarter valued at $33,000. Toth Financial Advisory Corp acquired a new position in shares of iShares S&P 100 ETF during the third quarter valued at $36,000. Finally, GK Wealth Management LLC bought a new position in shares of iShares S&P 100 ETF during the third quarter worth about $36,000.

iShares S&P 100 ETF Price Performance

Shares of OEF stock traded up $1.88 during trading hours on Friday, reaching $363.37. The stock had a trading volume of 478,306 shares, compared to its average volume of 659,541. iShares S&P 100 ETF has a twelve month low of $306.84 and a twelve month high of $390.69. The firm has a 50-day simple moving average of $381.16 and a 200-day simple moving average of $360.91. The firm has a market capitalization of $19.48 billion, a PE ratio of 24.67 and a beta of 1.03.

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