Able Wealth Management LLC boosted its stake in iShares S&P 100 ETF (NYSEARCA:OEF – Free Report) by 78.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,476 shares of the company’s stock after acquiring an additional 1,532 shares during the period. Able Wealth Management LLC’s holdings in iShares S&P 100 ETF were worth $1,192,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in iShares S&P 100 ETF by 82.3% in the third quarter. Envestnet Asset Management Inc. now owns 10,736,206 shares of the company’s stock valued at $3,573,439,000 after buying an additional 4,846,586 shares during the period. BlueCrest Capital Management Ltd acquired a new position in iShares S&P 100 ETF in the third quarter valued at approximately $307,934,000. CWM LLC lifted its stake in iShares S&P 100 ETF by 127.5% in the third quarter. CWM LLC now owns 1,163,773 shares of the company’s stock valued at $387,350,000 after buying an additional 652,134 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares S&P 100 ETF by 27.8% in the third quarter. JPMorgan Chase & Co. now owns 2,680,787 shares of the company’s stock valued at $892,274,000 after buying an additional 583,087 shares during the period. Finally, Park Avenue Securities LLC lifted its stake in iShares S&P 100 ETF by 77.0% in the third quarter. Park Avenue Securities LLC now owns 994,293 shares of the company’s stock valued at $330,940,000 after buying an additional 432,564 shares during the period.
iShares S&P 100 ETF Stock Performance
Shares of OEF opened at $348.37 on Tuesday. iShares S&P 100 ETF has a 52-week low of $245.47 and a 52-week high of $350.73. The business’s 50 day moving average price is $330.71 and its two-hundred day moving average price is $337.32. The firm has a market cap of $19.25 billion, a PE ratio of 27.17 and a beta of 1.02.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
Further Reading
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