Meridian Wealth Management LLC bought a new stake in iShares S&P 100 ETF (NYSEARCA:OEF – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund bought 983 shares of the company’s stock, valued at approximately $272,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Fifth Third Bancorp lifted its stake in iShares S&P 100 ETF by 1.9% in the second quarter. Fifth Third Bancorp now owns 2,342,784 shares of the company’s stock valued at $619,198,000 after buying an additional 43,084 shares during the period. Sigma Investment Counselors Inc. boosted its holdings in shares of iShares S&P 100 ETF by 7.2% in the third quarter. Sigma Investment Counselors Inc. now owns 1,417,510 shares of the company’s stock valued at $392,310,000 after buying an additional 95,510 shares during the period. Merriman Wealth Management LLC increased its holdings in iShares S&P 100 ETF by 1.1% during the 2nd quarter. Merriman Wealth Management LLC now owns 751,929 shares of the company’s stock worth $198,735,000 after purchasing an additional 8,108 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares S&P 100 ETF by 3.8% during the third quarter. LPL Financial LLC now owns 684,864 shares of the company’s stock worth $189,543,000 after buying an additional 24,946 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in iShares S&P 100 ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 616,360 shares of the company’s stock valued at $162,904,000 after buying an additional 35,071 shares during the last quarter.
iShares S&P 100 ETF Stock Up 0.2 %
NYSEARCA:OEF opened at $287.35 on Tuesday. iShares S&P 100 ETF has a twelve month low of $213.40 and a twelve month high of $290.50. The business has a 50 day moving average price of $280.27 and a two-hundred day moving average price of $268.81. The company has a market cap of $13.85 billion, a P/E ratio of 28.76 and a beta of 1.04.
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.
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