Magnus Financial Group LLC Acquires 166 Shares of iShares S&P 100 ETF $OEF

Magnus Financial Group LLC grew its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 7.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,328 shares of the company’s stock after acquiring an additional 166 shares during the period. Magnus Financial Group LLC’s holdings in iShares S&P 100 ETF were worth $709,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Palumbo Wealth Management LLC raised its position in iShares S&P 100 ETF by 1.9% in the second quarter. Palumbo Wealth Management LLC now owns 6,746 shares of the company’s stock worth $2,053,000 after acquiring an additional 125 shares during the period. McAdam LLC raised its position in iShares S&P 100 ETF by 36.1% in the second quarter. McAdam LLC now owns 15,607 shares of the company’s stock worth $4,750,000 after acquiring an additional 4,136 shares during the period. Spectrum Planning & Advisory Services Inc. bought a new position in iShares S&P 100 ETF in the second quarter worth approximately $2,301,000. Signet Financial Management LLC raised its position in iShares S&P 100 ETF by 37.2% in the second quarter. Signet Financial Management LLC now owns 7,448 shares of the company’s stock worth $2,267,000 after acquiring an additional 2,020 shares during the period. Finally, Retireful LLC bought a new position in iShares S&P 100 ETF in the second quarter worth approximately $1,088,000.

iShares S&P 100 ETF Trading Down 0.4%

OEF opened at $329.53 on Friday. iShares S&P 100 ETF has a 1-year low of $232.57 and a 1-year high of $334.44. The firm’s 50 day simple moving average is $319.92 and its two-hundred day simple moving average is $294.47. The company has a market capitalization of $22.47 billion, a PE ratio of 27.17 and a beta of 0.99.

About iShares S&P 100 ETF

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.