Founders Financial Securities LLC Purchases New Stake in iShares S&P 100 ETF $OEF

Founders Financial Securities LLC acquired a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 4,660 shares of the company’s stock, valued at approximately $1,551,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Bogart Wealth LLC lifted its position in shares of iShares S&P 100 ETF by 217.2% in the second quarter. Bogart Wealth LLC now owns 92 shares of the company’s stock worth $28,000 after purchasing an additional 63 shares in the last quarter. Corsicana & Co. purchased a new position in iShares S&P 100 ETF during the third quarter valued at approximately $32,000. Beacon Capital Management LLC acquired a new position in iShares S&P 100 ETF in the 2nd quarter valued at approximately $37,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares S&P 100 ETF by 126.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 136 shares of the company’s stock worth $41,000 after buying an additional 76 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in iShares S&P 100 ETF by 40.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 136 shares of the company’s stock worth $41,000 after buying an additional 39 shares in the last quarter.

iShares S&P 100 ETF Stock Up 0.4%

iShares S&P 100 ETF stock opened at $346.87 on Thursday. The company’s fifty day simple moving average is $340.73 and its 200-day simple moving average is $324.65. iShares S&P 100 ETF has a 12 month low of $232.57 and a 12 month high of $349.08. The stock has a market cap of $29.33 billion, a P/E ratio of 27.17 and a beta of 1.00.

iShares S&P 100 ETF Company 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.