Envestnet Asset Management Inc. Purchases 51,218 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 8.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 684,408 shares of the company’s stock after acquiring an additional 51,218 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares S&P 100 ETF were worth $197,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Wells Fargo & Company MN boosted its stake in shares of iShares S&P 100 ETF by 15.0% during the fourth quarter. Wells Fargo & Company MN now owns 701,241 shares of the company’s stock valued at $202,553,000 after purchasing an additional 91,705 shares in the last quarter. Smith Moore & CO. lifted its holdings in iShares S&P 100 ETF by 10.3% during the fourth quarter. Smith Moore & CO. now owns 3,627 shares of the company’s stock worth $1,048,000 after buying an additional 339 shares during the period. Arete Wealth Advisors LLC boosted its position in iShares S&P 100 ETF by 109.1% during the 4th quarter. Arete Wealth Advisors LLC now owns 3,601 shares of the company’s stock valued at $1,040,000 after acquiring an additional 1,879 shares in the last quarter. World Investment Advisors increased its holdings in shares of iShares S&P 100 ETF by 2.7% in the 4th quarter. World Investment Advisors now owns 1,412 shares of the company’s stock valued at $408,000 after acquiring an additional 37 shares during the period. Finally, DKM Wealth Management Inc. bought a new position in shares of iShares S&P 100 ETF in the 4th quarter worth $738,000.

iShares S&P 100 ETF Price Performance

Shares of OEF stock opened at $244.18 on Monday. The stock’s 50-day moving average is $284.14 and its 200 day moving average is $285.52. iShares S&P 100 ETF has a 1-year low of $233.95 and a 1-year high of $300.35. The company has a market cap of $14.89 billion, a P/E ratio of 25.84 and a beta of 0.99.

iShares S&P 100 ETF 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.