Foundations Investment Advisors LLC Boosts Stock Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Foundations Investment Advisors LLC increased its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,951 shares of the company’s stock after purchasing an additional 1,340 shares during the quarter. Foundations Investment Advisors LLC owned approximately 0.06% of iShares S&P 100 ETF worth $8,363,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in OEF. Hershey Financial Advisers LLC purchased a new stake in iShares S&P 100 ETF in the 2nd quarter valued at about $29,000. Hantz Financial Services Inc. grew its holdings in iShares S&P 100 ETF by 96.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock valued at $49,000 after buying an additional 87 shares during the period. Geneos Wealth Management Inc. grew its holdings in iShares S&P 100 ETF by 274.1% in the 4th quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock valued at $63,000 after buying an additional 159 shares during the period. Eastern Bank purchased a new stake in iShares S&P 100 ETF in the 3rd quarter valued at about $69,000. Finally, Sugarloaf Wealth Management LLC grew its holdings in iShares S&P 100 ETF by 30.5% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 265 shares of the company’s stock valued at $73,000 after buying an additional 62 shares during the period.

iShares S&P 100 ETF Price Performance

OEF opened at $292.38 on Monday. The stock has a market capitalization of $14.09 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. The business has a 50-day moving average of $291.63 and a two-hundred day moving average of $278.94. iShares S&P 100 ETF has a 12 month low of $228.59 and a 12 month high of $299.45.

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.