Absolute Capital Management LLC Has $1.70 Million Stock Holdings in iShares S&P 100 ETF $OEF

Absolute Capital Management LLC boosted its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 128.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,093 shares of the company’s stock after purchasing an additional 2,860 shares during the quarter. Absolute Capital Management LLC’s holdings in iShares S&P 100 ETF were worth $1,695,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Activest Wealth Management acquired a new position in shares of iShares S&P 100 ETF in the 3rd quarter valued at $706,000. Bank of New York Mellon Corp raised its stake in iShares S&P 100 ETF by 85.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 506,582 shares of the company’s stock worth $168,611,000 after buying an additional 232,905 shares during the period. Capital Wealth Alliance LLC lifted its holdings in iShares S&P 100 ETF by 4.5% during the third quarter. Capital Wealth Alliance LLC now owns 1,474 shares of the company’s stock worth $491,000 after acquiring an additional 63 shares in the last quarter. Truist Financial Corp grew its stake in iShares S&P 100 ETF by 53.7% in the third quarter. Truist Financial Corp now owns 171,841 shares of the company’s stock valued at $57,196,000 after acquiring an additional 60,051 shares during the period. Finally, Braun Bostich & Associates Inc. grew its stake in iShares S&P 100 ETF by 115.9% in the third quarter. Braun Bostich & Associates Inc. now owns 13,893 shares of the company’s stock valued at $4,624,000 after acquiring an additional 7,458 shares during the period.

iShares S&P 100 ETF Price Performance

Shares of iShares S&P 100 ETF stock opened at $344.69 on Thursday. The company has a market capitalization of $29.49 billion, a P/E ratio of 27.17 and a beta of 1.00. The business has a 50-day moving average of $342.65 and a two-hundred day moving average of $332.31. iShares S&P 100 ETF has a 1 year low of $232.57 and a 1 year high of $349.08.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.