iShares S&P 100 Index (NYSEARCA:OEF) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 4,162,718 shares, an increase of 144.1% from the November 15th total of 1,705,120 shares. Based on an average daily volume of 523,442 shares, the short-interest ratio is presently 8.0 days.
A hedge fund recently raised its stake in iShares S&P 100 Index stock. Patriot Wealth Management Inc. lifted its holdings in iShares S&P 100 Index (NYSEARCA:OEF) by 1.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 245,881 shares of the company’s stock after purchasing an additional 3,117 shares during the period. iShares S&P 100 Index comprises 4.1% of Patriot Wealth Management Inc.’s holdings, making the stock its 3rd biggest position. Patriot Wealth Management Inc. owned 0.58% of iShares S&P 100 Index worth $29,171,000 as of its most recent SEC filing.
iShares S&P 100 Index (NYSEARCA OEF) traded up $0.82 during trading on Thursday, reaching $122.83. 468,857 shares of the company’s stock traded hands, compared to its average volume of 447,157. The stock has a market cap of $5,050.00 and a PE ratio of 12.88. iShares S&P 100 Index has a 12 month low of $99.89 and a 12 month high of $122.85.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Wednesday, December 20th were given a $0.5685 dividend. The ex-dividend date was Tuesday, December 19th. This represents a $2.27 annualized dividend and a dividend yield of 1.85%. iShares S&P 100 Index’s payout ratio is presently 22.54%.
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About iShares S&P 100 Index
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.
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