Altus Wealth Management LLC Buys 834 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Altus Wealth Management LLC raised its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 0.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 117,113 shares of the company’s stock after buying an additional 834 shares during the period. iShares S&P 100 ETF accounts for about 14.9% of Altus Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Altus Wealth Management LLC’s holdings in iShares S&P 100 ETF were worth $30,953,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 100 ETF by 3,818.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,919,603 shares of the company’s stock worth $875,600,000 after buying an additional 3,819,575 shares during the period. Sigma Investment Counselors Inc. bought a new stake in shares of iShares S&P 100 ETF in the 1st quarter valued at $306,111,000. CWM LLC boosted its stake in iShares S&P 100 ETF by 78,201.6% during the fourth quarter. CWM LLC now owns 649,120 shares of the company’s stock worth $145,007,000 after acquiring an additional 648,291 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in iShares S&P 100 ETF during the fourth quarter worth $123,964,000. Finally, Janney Montgomery Scott LLC raised its holdings in iShares S&P 100 ETF by 1,435.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 223,125 shares of the company’s stock worth $49,844,000 after buying an additional 208,598 shares during the last quarter.

iShares S&P 100 ETF Price Performance

Shares of OEF stock traded up $1.58 on Monday, hitting $269.69. The stock had a trading volume of 103,823 shares, compared to its average volume of 293,343. The business has a 50 day moving average of $264.26 and a 200 day moving average of $251.25. The stock has a market cap of $13.00 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a 12-month low of $193.00 and a 12-month high of $275.57.

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.