Envestnet Portfolio Solutions Inc. Boosts Stock Position in iShares S&P 100 ETF $OEF

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 77.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 965,510 shares of the company’s stock after buying an additional 422,198 shares during the quarter. iShares S&P 100 ETF makes up approximately 1.2% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 22nd largest position. Envestnet Portfolio Solutions Inc. owned approximately 1.14% of iShares S&P 100 ETF worth $321,360,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Phillips Financial Management LLC purchased a new position in iShares S&P 100 ETF during the third quarter valued at $30,000. Bogart Wealth LLC raised its position in shares of iShares S&P 100 ETF by 217.2% during the 2nd quarter. Bogart Wealth LLC now owns 92 shares of the company’s stock worth $28,000 after purchasing an additional 63 shares during the last quarter. Corsicana & Co. purchased a new position in iShares S&P 100 ETF in the 3rd quarter valued at about $32,000. Sage Mountain Advisors LLC boosted its holdings in iShares S&P 100 ETF by 125.5% in the 3rd quarter. Sage Mountain Advisors LLC now owns 106 shares of the company’s stock worth $35,000 after buying an additional 59 shares during the last quarter. Finally, Beacon Capital Management LLC acquired a new stake in iShares S&P 100 ETF in the 2nd quarter worth about $37,000.

iShares S&P 100 ETF Price Performance

Shares of iShares S&P 100 ETF stock opened at $340.96 on Friday. The stock has a market capitalization of $29.19 billion, a P/E ratio of 27.17 and a beta of 1.00. The business has a 50 day simple moving average of $341.98 and a two-hundred day simple moving average of $331.10. iShares S&P 100 ETF has a 12 month low of $232.57 and a 12 month high of $349.08.

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.