FLP Wealth Management LLC Has $13.41 Million Stake in iShares S&P 100 ETF $OEF

FLP Wealth Management LLC boosted its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 2,102.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,099 shares of the company’s stock after acquiring an additional 37,324 shares during the period. iShares S&P 100 ETF accounts for 13.3% of FLP Wealth Management LLC’s portfolio, making the stock its 2nd largest position. FLP Wealth Management LLC’s holdings in iShares S&P 100 ETF were worth $13,410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in OEF. Physician Wealth Advisors Inc. lifted its position in iShares S&P 100 ETF by 74.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 82 shares of the company’s stock valued at $27,000 after purchasing an additional 35 shares during the period. Phillips Financial Management LLC acquired a new stake in shares of iShares S&P 100 ETF during the 3rd quarter worth approximately $30,000. Corsicana & Co. acquired a new stake in shares of iShares S&P 100 ETF during the 3rd quarter worth approximately $32,000. Lodestone Wealth Management LLC bought a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth approximately $34,000. Finally, Sage Mountain Advisors LLC lifted its holdings in iShares S&P 100 ETF by 125.5% in the third quarter. Sage Mountain Advisors LLC now owns 106 shares of the company’s stock valued at $35,000 after buying an additional 59 shares during the period.

iShares S&P 100 ETF Stock Performance

Shares of OEF stock opened at $320.41 on Friday. iShares S&P 100 ETF has a 52-week low of $232.57 and a 52-week high of $349.08. The stock has a market cap of $27.44 billion, a PE ratio of 27.17 and a beta of 1.00. The firm’s 50 day moving average price is $331.96 and its two-hundred day moving average price is $336.83.

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