Orion Porfolio Solutions LLC Grows Stake in iShares S&P 100 ETF $OEF

Orion Porfolio Solutions LLC increased its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 85.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,790 shares of the company’s stock after buying an additional 22,462 shares during the period. Orion Porfolio Solutions LLC owned about 0.07% of iShares S&P 100 ETF worth $14,849,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its position in iShares S&P 100 ETF by 43.6% during the second quarter. Envestnet Asset Management Inc. now owns 5,889,620 shares of the company’s stock worth $1,792,479,000 after acquiring an additional 1,786,908 shares during the last quarter. Focus Partners Wealth increased its stake in shares of iShares S&P 100 ETF by 3,712.4% during the 1st quarter. Focus Partners Wealth now owns 763,435 shares of the company’s stock worth $206,761,000 after purchasing an additional 743,410 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of iShares S&P 100 ETF by 1,265.6% during the 1st quarter. Kestra Advisory Services LLC now owns 632,327 shares of the company’s stock worth $171,253,000 after purchasing an additional 586,022 shares during the last quarter. Park Avenue Securities LLC acquired a new position in shares of iShares S&P 100 ETF during the 2nd quarter worth approximately $170,962,000. Finally, Fifth Third Bancorp lifted its stake in iShares S&P 100 ETF by 9.6% in the 2nd quarter. Fifth Third Bancorp now owns 2,682,128 shares of the company’s stock valued at $816,306,000 after buying an additional 234,339 shares in the last quarter.

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA:OEF opened at $341.85 on Friday. The business’s fifty day moving average price is $339.41 and its two-hundred day moving average price is $321.78. The stock has a market cap of $28.90 billion, a PE ratio of 27.17 and a beta of 1.00. iShares S&P 100 ETF has a one year low of $232.57 and a one year high of $349.08.

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.