Park Edge Advisors LLC Buys Shares of 6,658 iShares S&P 100 ETF $OEF

Park Edge Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 6,658 shares of the company’s stock, valued at approximately $2,118,000.

Other 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% in the fourth quarter. Affinity Capital Advisors LLC now owns 49,121 shares of the company’s stock worth $16,847,000 after buying an additional 1,787 shares during the last quarter. Archer Investment Management LLC bought a new position in iShares S&P 100 ETF in the 4th quarter worth $709,000. Asempa Wealth Advisors acquired a new position in iShares S&P 100 ETF during the 4th quarter worth $5,246,000. FLP Wealth Management LLC boosted its holdings 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 valued at $13,410,000 after acquiring an additional 37,324 shares during the period. Finally, Demars Financial Group LLC increased its stake in shares of iShares S&P 100 ETF by 3.8% in the fourth quarter. Demars Financial Group LLC now owns 103,910 shares of the company’s stock worth $35,638,000 after purchasing an additional 3,828 shares during the period.

iShares S&P 100 ETF Stock Down 0.3%

Shares of NYSEARCA:OEF opened at $359.28 on Thursday. The company has a market cap of $19.83 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. The business has a 50 day moving average price of $363.51 and a 200 day moving average price of $345.81. iShares S&P 100 ETF has a twelve month low of $297.93 and a twelve month 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.