Archer Investment Management LLC Takes $709,000 Position in iShares S&P 100 ETF $OEF

Archer Investment Management LLC bought a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,068 shares of the company’s stock, valued at approximately $709,000.

Several other large investors have also recently bought and sold shares of OEF. Physician Wealth Advisors Inc. boosted its holdings in iShares S&P 100 ETF by 74.5% in 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 bought a new position in shares of iShares S&P 100 ETF during the 3rd quarter worth about $30,000. Corsicana & Co. acquired a new position in shares of iShares S&P 100 ETF during the third quarter valued at about $32,000. Sage Mountain Advisors LLC raised its position in shares of iShares S&P 100 ETF by 125.5% during 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 last quarter. Finally, First Command Advisory Services Inc. bought a new stake in shares of iShares S&P 100 ETF in the third quarter valued at about $39,000.

iShares S&P 100 ETF Stock Performance

NYSEARCA OEF opened at $319.33 on Wednesday. iShares S&P 100 ETF has a twelve month low of $232.57 and a twelve month high of $349.08. The stock has a market cap of $27.35 billion, a PE ratio of 27.17 and a beta of 1.00. The firm has a 50-day simple moving average of $335.88 and a 200 day simple moving average of $337.52.

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.