Envestnet Portfolio Solutions Inc. Boosts Stake in iShares S&P 100 ETF $OEF

Envestnet Portfolio Solutions Inc. raised its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 77.7% during the third quarter, Holdings Channel reports. The firm owned 965,510 shares of the company’s stock after buying an additional 422,198 shares during the quarter. iShares S&P 100 ETF comprises 1.2% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 22nd largest holding. Envestnet Portfolio Solutions Inc.’s holdings in iShares S&P 100 ETF were worth $321,360,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its position in iShares S&P 100 ETF by 94.7% in the 3rd quarter. Brookstone Capital Management now owns 36,006 shares of the company’s stock valued at $11,984,000 after buying an additional 17,512 shares during the period. Apex Wealth Management LLC purchased a new stake in shares of iShares S&P 100 ETF during the third quarter worth $1,062,000. Capital Investment Advisors LLC acquired a new stake in shares of iShares S&P 100 ETF in the third quarter valued at $548,000. Detalus Advisors LLC boosted its holdings in iShares S&P 100 ETF by 19.3% in the third quarter. Detalus Advisors LLC now owns 73,164 shares of the company’s stock valued at $24,352,000 after purchasing an additional 11,852 shares during the period. Finally, Citizens Financial Group Inc. RI boosted its holdings in iShares S&P 100 ETF by 27.2% in the third quarter. Citizens Financial Group Inc. RI now owns 22,665 shares of the company’s stock valued at $7,544,000 after purchasing an additional 4,853 shares during the period.

iShares S&P 100 ETF Price Performance

Shares of NYSEARCA OEF opened at $340.96 on Friday. The stock’s 50-day moving average is $341.98 and its two-hundred day moving average is $331.10. iShares S&P 100 ETF has a 1-year low of $232.57 and a 1-year high of $349.08. The company has a market cap of $29.19 billion, a price-to-earnings ratio of 27.17 and a beta of 1.00.

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.