Northwestern Mutual Wealth Management Co. Acquires 48,908 Shares of iShares S&P 100 ETF $OEF

Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 16.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 344,051 shares of the company’s stock after purchasing an additional 48,908 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.50% of iShares S&P 100 ETF worth $104,712,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC bought a new stake in shares of iShares S&P 100 ETF in the 2nd quarter worth $365,000. Michels Family Financial LLC boosted its holdings in iShares S&P 100 ETF by 9.1% during the second quarter. Michels Family Financial LLC now owns 910 shares of the company’s stock worth $277,000 after purchasing an additional 76 shares during the last quarter. Ieq Capital LLC boosted its holdings in iShares S&P 100 ETF by 0.5% during the first quarter. Ieq Capital LLC now owns 805,847 shares of the company’s stock worth $218,248,000 after purchasing an additional 4,079 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in iShares S&P 100 ETF in the 1st quarter worth about $7,688,000. Finally, Integrity Alliance LLC. bought a new stake in iShares S&P 100 ETF in the 1st quarter worth about $227,000.

iShares S&P 100 ETF Stock Performance

NYSEARCA:OEF opened at $344.13 on Friday. iShares S&P 100 ETF has a 52 week low of $232.57 and a 52 week high of $349.08. The firm has a 50-day moving average price of $337.07 and a two-hundred day moving average price of $317.53. The firm has a market cap of $29.10 billion, a price-to-earnings ratio of 27.17 and a beta of 1.00.

iShares S&P 100 ETF Company 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.