Absolute Capital Management LLC boosted its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF – Free Report) by 71.5% during the 4th quarter, HoldingsChannel reports. The firm owned 8,733 shares of the company’s stock after buying an additional 3,640 shares during the quarter. Absolute Capital Management LLC’s holdings in iShares S&P 100 ETF were worth $2,995,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Affinity Capital Advisors LLC grew its position in iShares S&P 100 ETF by 3.8% during the 4th quarter. Affinity Capital Advisors LLC now owns 49,121 shares of the company’s stock worth $16,847,000 after purchasing an additional 1,787 shares in the last quarter. Archer Investment Management LLC purchased a new position in iShares S&P 100 ETF during the 4th quarter worth approximately $709,000. Assetmark Inc. grew its position in iShares S&P 100 ETF by 53.7% during the 3rd quarter. Assetmark Inc. now owns 34,655 shares of the company’s stock worth $11,535,000 after purchasing an additional 12,105 shares in the last quarter. Atria Investments Inc grew its position in iShares S&P 100 ETF by 90.2% during the 3rd quarter. Atria Investments Inc now owns 143,508 shares of the company’s stock worth $47,765,000 after purchasing an additional 68,056 shares in the last quarter. Finally, Asempa Wealth Advisors purchased a new position in iShares S&P 100 ETF during the 4th quarter worth approximately $5,246,000.
iShares S&P 100 ETF Stock Performance
NYSEARCA OEF opened at $363.54 on Friday. iShares S&P 100 ETF has a twelve month low of $290.39 and a twelve month high of $379.02. The stock has a market cap of $20.07 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. The firm’s 50 day moving average price is $356.44 and its two-hundred day moving average price is $344.34.
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.
Further Reading
- Five stocks we like better than iShares S&P 100 ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Want to see what other hedge funds are holding OEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 100 ETF (NYSEARCA:OEF – Free Report).
Receive News & Ratings for iShares S&P 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
