Quantum Financial Advisors LLC Invests $62.84 Million in iShares S&P 100 ETF (NYSEARCA:OEF)

Quantum Financial Advisors LLC acquired a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 217,539 shares of the company’s stock, valued at approximately $62,836,000. iShares S&P 100 ETF comprises about 8.8% of Quantum Financial Advisors LLC’s portfolio, making the stock its 3rd largest position. Quantum Financial Advisors LLC owned 0.45% of iShares S&P 100 ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in OEF. Fifth Third Wealth Advisors LLC lifted its holdings in shares of iShares S&P 100 ETF by 2.6% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 2,188 shares of the company’s stock worth $606,000 after acquiring an additional 55 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares S&P 100 ETF by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 1,494,935 shares of the company’s stock worth $413,739,000 after purchasing an additional 13,236 shares during the period. Renaissance Technologies LLC lifted its position in shares of iShares S&P 100 ETF by 223.8% during the second quarter. Renaissance Technologies LLC now owns 13,600 shares of the company’s stock worth $3,594,000 after purchasing an additional 9,400 shares in the last quarter. Dentgroup LLC boosted its stake in shares of iShares S&P 100 ETF by 8.8% in the third quarter. Dentgroup LLC now owns 2,487 shares of the company’s stock valued at $688,000 after purchasing an additional 202 shares during the period. Finally, Ridgeline Wealth LLC acquired a new position in shares of iShares S&P 100 ETF in the fourth quarter valued at approximately $4,704,000.

iShares S&P 100 ETF Stock Down 0.1 %

Shares of OEF opened at $285.45 on Tuesday. The company has a market cap of $13.76 billion, a P/E ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a fifty-two week low of $222.17 and a fifty-two week high of $298.44. The firm’s 50 day moving average price is $290.57 and its 200 day moving average price is $277.48.

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.