MBA Advisors LLC Takes $4.36 Million Position in iShares S&P 100 ETF $OEF

MBA Advisors LLC bought a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 11,920 shares of the company’s stock, valued at approximately $4,361,000. iShares S&P 100 ETF comprises approximately 1.4% of MBA Advisors LLC’s portfolio, making the stock its 19th biggest holding.

A number of other large investors have also modified their holdings of OEF. Bank of America Corp DE boosted its holdings in iShares S&P 100 ETF by 2.6% in the second quarter. Bank of America Corp DE now owns 6,572,075 shares of the company’s stock valued at $2,000,211,000 after purchasing an additional 168,990 shares during the period. LPL Financial LLC grew its stake in iShares S&P 100 ETF by 6.9% during the 4th quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock worth $1,553,746,000 after purchasing an additional 290,930 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 100 ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 2,791,323 shares of the company’s stock worth $957,340,000 after buying an additional 110,536 shares during the period. Fifth Third Bancorp increased its position in shares of iShares S&P 100 ETF by 1.3% in the 1st quarter. Fifth Third Bancorp now owns 2,582,609 shares of the company’s stock valued at $821,451,000 after purchasing an additional 33,445 shares during the last quarter. Finally, Morgan Stanley raised its stake in iShares S&P 100 ETF by 6.1% in the fourth quarter. Morgan Stanley now owns 2,555,823 shares of the company’s stock valued at $876,571,000 after buying an additional 147,326 shares in the last quarter.

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA OEF opened at $380.05 on Thursday. The firm has a market capitalization of $20.39 billion, a PE ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a fifty-two week low of $306.84 and a fifty-two week high of $384.82. The stock’s 50-day simple moving average is $372.65 and its 200-day simple moving average is $356.31.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.