Sheets Smith Wealth Management Grows Position in iShares S&P 100 ETF $OEF

Sheets Smith Wealth Management grew its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 30.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,403 shares of the company’s stock after buying an additional 3,150 shares during the period. Sheets Smith Wealth Management’s holdings in iShares S&P 100 ETF were worth $4,263,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. BlueCrest Capital Management Ltd purchased a new stake in iShares S&P 100 ETF in the 3rd quarter valued at $307,934,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares S&P 100 ETF by 203.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,282,015 shares of the company’s stock worth $439,693,000 after acquiring an additional 859,264 shares during the period. Quantum Financial Advisors LLC purchased a new position in shares of iShares S&P 100 ETF during the 4th quarter worth $125,913,000. LPL Financial LLC boosted its position in shares of 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 valued at $1,553,746,000 after acquiring an additional 290,930 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its position in shares of iShares S&P 100 ETF by 1,097.1% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 315,175 shares of the company’s stock valued at $95,924,000 after acquiring an additional 288,847 shares during the last quarter.

iShares S&P 100 ETF Stock Performance

Shares of OEF opened at $368.66 on Friday. iShares S&P 100 ETF has a 12-month low of $290.39 and a 12-month high of $379.02. The firm has a market capitalization of $20.35 billion, a P/E ratio of 27.17 and a beta of 1.03. The firm has a 50-day moving average price of $361.84 and a 200 day moving average price of $345.42.

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.