Wealth Group Ltd Boosts Stake in iShares S&P 100 ETF $OEF

Wealth Group Ltd lifted its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 78.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,931 shares of the company’s stock after buying an additional 16,717 shares during the period. iShares S&P 100 ETF comprises approximately 2.9% of Wealth Group Ltd’s investment portfolio, making the stock its 9th biggest position. Wealth Group Ltd’s holdings in iShares S&P 100 ETF were worth $12,625,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Russell Investments Group Ltd. raised its position in iShares S&P 100 ETF by 85,250.0% in the first quarter. Russell Investments Group Ltd. now owns 1,707 shares of the company’s stock valued at $462,000 after purchasing an additional 1,705 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of iShares S&P 100 ETF by 13.2% in the first quarter. Raymond James Financial Inc. now owns 360,564 shares of the company’s stock valued at $97,652,000 after buying an additional 42,165 shares during the period. Venture Visionary Partners LLC bought a new position in iShares S&P 100 ETF in the 1st quarter valued at approximately $505,000. Capital Analysts LLC boosted its position in iShares S&P 100 ETF by 128.1% during the 1st quarter. Capital Analysts LLC now owns 74,956 shares of the company’s stock worth $20,300,000 after buying an additional 42,090 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in iShares S&P 100 ETF during the 1st quarter worth approximately $7,688,000.

iShares S&P 100 ETF Stock Performance

OEF stock opened at $335.57 on Thursday. The company has a fifty day moving average price of $339.61 and a 200-day moving average price of $322.84. The company has a market capitalization of $28.37 billion, a P/E ratio of 27.17 and a beta of 1.00. iShares S&P 100 ETF has a 52-week low of $232.57 and a 52-week high of $349.08.

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.