iShares S&P 100 ETF $OEF Position Increased by PMG Wealth Management Inc.

PMG Wealth Management Inc. raised its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 5.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,173 shares of the company’s stock after acquiring an additional 1,426 shares during the period. iShares S&P 100 ETF makes up 6.6% of PMG Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest position. PMG Wealth Management Inc.’s holdings in iShares S&P 100 ETF were worth $7,966,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 100 ETF by 499.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 4,102,712 shares of the company’s stock valued at $1,111,138,000 after acquiring an additional 3,418,304 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of iShares S&P 100 ETF by 9.6% in the 2nd quarter. Fifth Third Bancorp now owns 2,682,128 shares of the company’s stock valued at $816,306,000 after acquiring an additional 234,339 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P 100 ETF by 43.1% in the 1st quarter. JPMorgan Chase & Co. now owns 2,036,782 shares of the company’s stock valued at $551,622,000 after acquiring an additional 613,679 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares S&P 100 ETF by 2.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,980,162 shares of the company’s stock valued at $533,130,000 after buying an additional 55,193 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares S&P 100 ETF by 126.3% during the 1st quarter. LPL Financial LLC now owns 1,798,912 shares of the company’s stock valued at $487,199,000 after buying an additional 1,003,899 shares in the last quarter.

iShares S&P 100 ETF Trading Up 0.4%

Shares of NYSEARCA OEF opened at $330.97 on Friday. The stock has a market cap of $22.57 billion, a price-to-earnings ratio of 27.17 and a beta of 0.99. iShares S&P 100 ETF has a 1-year low of $232.57 and a 1-year high of $334.44. The stock’s 50-day moving average is $320.35 and its 200 day moving average is $295.05.

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.