Horizon Wealth Management LLC Makes New $1.18 Million Investment in iShares S&P 100 ETF $OEF

Horizon Wealth Management LLC purchased a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,697 shares of the company’s stock, valued at approximately $1,176,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of Jackson Hole Trust bought a new position in iShares S&P 100 ETF in the 4th quarter valued at $26,000. Wealth Watch Advisors INC raised its position in shares of iShares S&P 100 ETF by 187.1% during the fourth quarter. Wealth Watch Advisors INC now owns 89 shares of the company’s stock worth $31,000 after acquiring an additional 58 shares during the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth $32,000. Lodestone Wealth Management LLC acquired a new position in shares of iShares S&P 100 ETF during the fourth quarter valued at $34,000. Finally, Hurley Capital LLC acquired a new position in shares of iShares S&P 100 ETF during the fourth quarter valued at $37,000.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock opened at $365.87 on Thursday. The business’s 50-day simple moving average is $365.09 and its 200 day simple moving average is $346.41. The stock has a market cap of $20.03 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 12-month low of $303.18 and a 12-month high of $379.02.

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.