Asempa Wealth Advisors Takes Position in iShares S&P 100 ETF $OEF

Asempa Wealth Advisors acquired a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 15,296 shares of the company’s stock, valued at approximately $5,246,000. iShares S&P 100 ETF makes up about 4.5% of Asempa Wealth Advisors’ investment portfolio, making the stock its 2nd biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of OEF. Physician Wealth Advisors Inc. boosted its position in shares of iShares S&P 100 ETF by 74.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 82 shares of the company’s stock valued at $27,000 after acquiring an additional 35 shares during the last quarter. Phillips Financial Management LLC acquired a new stake in iShares S&P 100 ETF during the third quarter worth about $30,000. Corsicana & Co. acquired a new stake in iShares S&P 100 ETF during the third quarter worth about $32,000. Sage Mountain Advisors LLC raised its stake in iShares S&P 100 ETF by 125.5% during the third quarter. Sage Mountain Advisors LLC now owns 106 shares of the company’s stock worth $35,000 after purchasing an additional 59 shares during the period. Finally, First Command Advisory Services Inc. purchased a new position in iShares S&P 100 ETF during the third quarter worth about $39,000.

iShares S&P 100 ETF Price Performance

NYSEARCA:OEF opened at $317.57 on Monday. The company’s 50-day moving average is $336.92 and its two-hundred day moving average is $337.55. iShares S&P 100 ETF has a 1-year low of $232.57 and a 1-year high of $349.08. The firm has a market capitalization of $27.20 billion, a price-to-earnings ratio of 27.17 and a beta of 1.00.

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.