Activest Wealth Management Takes $706,000 Position in iShares S&P 100 ETF $OEF

Activest Wealth Management bought a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the third quarter, HoldingsChannel reports. The institutional investor bought 2,120 shares of the company’s stock, valued at approximately $706,000.

A number of other institutional investors and hedge funds have also bought and sold shares of OEF. Bank of New York Mellon Corp raised its holdings in iShares S&P 100 ETF by 85.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 506,582 shares of the company’s stock valued at $168,611,000 after acquiring an additional 232,905 shares during the period. Capital Wealth Alliance LLC increased its stake in shares of iShares S&P 100 ETF by 4.5% during the third quarter. Capital Wealth Alliance LLC now owns 1,474 shares of the company’s stock worth $491,000 after purchasing an additional 63 shares during the period. Truist Financial Corp increased its stake in shares of iShares S&P 100 ETF by 53.7% during the third quarter. Truist Financial Corp now owns 171,841 shares of the company’s stock worth $57,196,000 after purchasing an additional 60,051 shares during the period. Braun Bostich & Associates Inc. lifted its holdings in iShares S&P 100 ETF by 115.9% during the 3rd quarter. Braun Bostich & Associates Inc. now owns 13,893 shares of the company’s stock worth $4,624,000 after purchasing an additional 7,458 shares during the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC boosted its stake in iShares S&P 100 ETF by 84.9% in the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 2,393 shares of the company’s stock valued at $796,000 after purchasing an additional 1,099 shares during the period.

iShares S&P 100 ETF Price Performance

Shares of NYSEARCA OEF opened at $344.69 on Thursday. The firm has a market cap of $29.49 billion, a price-to-earnings ratio of 27.17 and a beta of 1.00. The stock’s fifty day moving average price is $342.65 and its two-hundred day moving average price is $332.31. iShares S&P 100 ETF has a one year low of $232.57 and a one year high of $349.08.

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.