iShares S&P 100 ETF $OEF Position Boosted by Avid Wealth Partners LLC

Avid Wealth Partners LLC lifted its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 8.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 56,523 shares of the company’s stock after buying an additional 4,433 shares during the quarter. iShares S&P 100 ETF comprises 9.5% of Avid Wealth Partners LLC’s holdings, making the stock its 2nd biggest position. Avid Wealth Partners LLC’s holdings in iShares S&P 100 ETF were worth $19,386,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Affinity Capital Advisors LLC lifted its stake in shares of iShares S&P 100 ETF by 3.8% during the fourth quarter. Affinity Capital Advisors LLC now owns 49,121 shares of the company’s stock valued at $16,847,000 after buying an additional 1,787 shares during the period. Archer Investment Management LLC purchased a new position in shares of iShares S&P 100 ETF during the fourth quarter valued at approximately $709,000. Assetmark Inc. raised its stake in iShares S&P 100 ETF by 53.7% during the third quarter. Assetmark Inc. now owns 34,655 shares of the company’s stock worth $11,535,000 after purchasing an additional 12,105 shares during the period. Asempa Wealth Advisors purchased a new position in iShares S&P 100 ETF during the fourth quarter worth approximately $5,246,000. Finally, FLP Wealth Management LLC raised its stake in iShares S&P 100 ETF by 2,102.8% during the fourth quarter. FLP Wealth Management LLC now owns 39,099 shares of the company’s stock worth $13,410,000 after purchasing an additional 37,324 shares during the period.

iShares S&P 100 ETF Stock Up 0.2%

NYSEARCA:OEF opened at $364.40 on Friday. The company has a market cap of $20.11 billion, a P/E ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a fifty-two week low of $290.39 and a fifty-two week high of $379.02. The firm’s 50 day moving average is $357.32 and its two-hundred day moving average is $344.48.

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.