Atlantic Union Bankshares Corp Invests $227,000 in iShares S&P 100 ETF $OEF

Atlantic Union Bankshares Corp bought a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 747 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in OEF. Envestnet Asset Management Inc. lifted its holdings in shares of 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 buying an additional 1,786,908 shares during the last quarter. Fifth Third Bancorp increased its position in iShares S&P 100 ETF by 9.6% during the second quarter. Fifth Third Bancorp now owns 2,682,128 shares of the company’s stock worth $816,306,000 after acquiring an additional 234,339 shares during the period. JPMorgan Chase & Co. raised its stake in iShares S&P 100 ETF by 43.1% during the 1st quarter. JPMorgan Chase & Co. now owns 2,036,782 shares of the company’s stock valued at $551,622,000 after purchasing an additional 613,679 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in iShares S&P 100 ETF by 2.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,980,162 shares of the company’s stock valued at $533,130,000 after purchasing an additional 55,193 shares during the period. Finally, LPL Financial LLC boosted its holdings in iShares S&P 100 ETF by 126.3% in the 1st quarter. LPL Financial LLC now owns 1,798,912 shares of the company’s stock valued at $487,199,000 after purchasing an additional 1,003,899 shares during the period.

iShares S&P 100 ETF Stock Performance

NYSEARCA:OEF opened at $337.40 on Monday. The firm’s 50-day moving average is $333.05 and its 200-day moving average is $311.09. The company has a market cap of $28.53 billion, a price-to-earnings ratio of 27.17 and a beta of 1.00. iShares S&P 100 ETF has a 52-week low of $232.57 and a 52-week 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.