iShares S&P 100 ETF $OEF Shares Purchased by Sheets Smith Wealth Management

Sheets Smith Wealth Management increased its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 30.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 13,403 shares of the company’s stock after acquiring an additional 3,150 shares during the period. Sheets Smith Wealth Management’s holdings in iShares S&P 100 ETF were worth $4,263,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in OEF. Bank of Jackson Hole Trust acquired a new position in shares of iShares S&P 100 ETF in the 4th quarter valued at $26,000. Wealth Watch Advisors INC grew its holdings in shares of iShares S&P 100 ETF by 187.1% during the 4th quarter. Wealth Watch Advisors INC now owns 89 shares of the company’s stock worth $31,000 after purchasing an additional 58 shares during the period. Sarver Vrooman Wealth Advisors acquired a new stake in shares of iShares S&P 100 ETF during the 4th quarter worth about $32,000. Lodestone Wealth Management LLC acquired a new stake in shares of iShares S&P 100 ETF during the 4th quarter worth about $34,000. Finally, Hurley Capital LLC purchased a new stake in iShares S&P 100 ETF in the 4th quarter valued at about $37,000.

iShares S&P 100 ETF Price Performance

NYSEARCA OEF opened at $368.66 on Friday. The firm’s 50-day moving average is $361.84 and its two-hundred day moving average is $345.42. iShares S&P 100 ETF has a 12 month low of $290.39 and a 12 month high of $379.02. The stock has a market capitalization of $20.35 billion, a P/E ratio of 27.17 and a beta of 1.03.

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.