Horizon Wealth Management LLC Makes New Investment in iShares S&P 100 ETF $OEF

Horizon Wealth Management LLC bought a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the 1st quarter, Holdings Channel reports. The institutional investor bought 3,697 shares of the company’s stock, valued at approximately $1,176,000.

Other large investors also recently made changes to their positions in the company. BlueCrest Capital Management Ltd acquired a new stake in shares of iShares S&P 100 ETF during the third quarter worth $307,934,000. Northwestern Mutual Wealth Management Co. lifted its stake in iShares S&P 100 ETF by 203.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,282,015 shares of the company’s stock valued at $439,693,000 after buying an additional 859,264 shares during the period. Quantum Financial Advisors LLC bought a new position in iShares S&P 100 ETF during the fourth quarter worth about $125,913,000. LPL Financial LLC boosted its holdings in iShares S&P 100 ETF by 6.9% during the fourth quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock worth $1,553,746,000 after buying an additional 290,930 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its holdings in iShares S&P 100 ETF by 1,097.1% during the second quarter. Orion Porfolio Solutions LLC now owns 315,175 shares of the company’s stock worth $95,924,000 after buying an additional 288,847 shares during the last quarter.

iShares S&P 100 ETF Price Performance

Shares of OEF stock opened at $365.87 on Thursday. The stock has a market cap of $20.03 billion, a PE ratio of 27.17 and a beta of 1.03. The stock has a 50-day moving average of $365.09 and a 200-day moving average of $346.41. iShares S&P 100 ETF has a one year low of $303.18 and a one 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.