LPL Financial LLC Acquires 290,930 Shares of iShares S&P 100 ETF $OEF

LPL Financial LLC raised its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 6.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,530,269 shares of the company’s stock after buying an additional 290,930 shares during the quarter. LPL Financial LLC owned about 5.29% of iShares S&P 100 ETF worth $1,553,746,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Sarver Vrooman Wealth Advisors bought a new stake in shares of iShares S&P 100 ETF in the fourth quarter valued at $32,000. Lodestone Wealth Management LLC bought a new stake in shares of iShares S&P 100 ETF in the fourth quarter valued at $34,000. Optima Capital LLC bought a new stake in shares of iShares S&P 100 ETF in the fourth quarter valued at $39,000. Russell Investments Group Ltd. raised its stake in shares of iShares S&P 100 ETF by 79.1% in the third quarter. Russell Investments Group Ltd. now owns 120 shares of the company’s stock valued at $40,000 after buying an additional 53 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in shares of iShares S&P 100 ETF by 40.2% in the second quarter. Geneos Wealth Management Inc. now owns 136 shares of the company’s stock valued at $41,000 after buying an additional 39 shares during the period.

iShares S&P 100 ETF Price Performance

Shares of OEF opened at $364.88 on Monday. The firm has a market cap of $20.14 billion, a PE ratio of 27.17 and a beta of 1.03. The stock’s fifty day moving average price is $352.41 and its two-hundred day moving average price is $343.47. iShares S&P 100 ETF has a 1 year low of $290.39 and a 1 year high of $379.02.

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.