McKinley Carter Wealth Services Inc. Buys New Position in iShares S&P 100 ETF $OEF

McKinley Carter Wealth Services Inc. purchased a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,274 shares of the company’s stock, valued at approximately $9,657,000.

Several other hedge funds have also recently modified their holdings of OEF. Sequoia Financial Advisors LLC raised its position in iShares S&P 100 ETF by 358.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 9,198 shares of the company’s stock worth $3,365,000 after buying an additional 7,190 shares during the last quarter. Summit Wealth Partners LLC lifted its stake in shares of iShares S&P 100 ETF by 57.8% in the 1st quarter. Summit Wealth Partners LLC now owns 7,864 shares of the company’s stock worth $2,501,000 after acquiring an additional 2,882 shares during the period. Ameritas Advisory Services LLC lifted its stake in shares of iShares S&P 100 ETF by 158.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 5,409 shares of the company’s stock worth $1,979,000 after acquiring an additional 3,316 shares during the period. Park Edge Advisors LLC acquired a new stake in shares of iShares S&P 100 ETF in the 1st quarter worth $2,118,000. Finally, Optiver Holding B.V. purchased a new stake in shares of iShares S&P 100 ETF in the first quarter valued at about $1,672,000.

iShares S&P 100 ETF Trading Down 1.3%

Shares of NYSEARCA:OEF traded down $4.83 during midday trading on Friday, hitting $380.18. The stock had a trading volume of 150,040 shares, compared to its average volume of 691,574. iShares S&P 100 ETF has a 1 year low of $306.84 and a 1 year high of $390.69. The stock has a 50 day moving average price of $382.07 and a two-hundred day moving average price of $368.10. The company has a market capitalization of $20.38 billion, a PE ratio of 27.17 and a beta of 1.03.

About iShares S&P 100 ETF

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.