Strait & Sound Wealth Management LLC Acquires 426 Shares of iShares S&P 100 ETF $OEF

Strait & Sound Wealth Management LLC boosted its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 10.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,695 shares of the company’s stock after purchasing an additional 426 shares during the period. Strait & Sound Wealth Management LLC’s holdings in iShares S&P 100 ETF were worth $1,429,000 as of its most recent SEC filing.

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 stake in iShares S&P 100 ETF by 499.5% during the first quarter. Envestnet Asset Management Inc. now owns 4,102,712 shares of the company’s stock worth $1,111,138,000 after purchasing an additional 3,418,304 shares during the period. LPL Financial LLC raised its stake in shares of iShares S&P 100 ETF by 126.3% in the first quarter. LPL Financial LLC now owns 1,798,912 shares of the company’s stock valued at $487,199,000 after acquiring an additional 1,003,899 shares during the last quarter. Focus Partners Wealth raised its stake in shares of iShares S&P 100 ETF by 3,712.4% in the first quarter. Focus Partners Wealth now owns 763,435 shares of the company’s stock valued at $206,761,000 after acquiring an additional 743,410 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares S&P 100 ETF by 43.1% in the first quarter. JPMorgan Chase & Co. now owns 2,036,782 shares of the company’s stock valued at $551,622,000 after acquiring an additional 613,679 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its stake in shares of iShares S&P 100 ETF by 1,265.6% in the first quarter. Kestra Advisory Services LLC now owns 632,327 shares of the company’s stock valued at $171,253,000 after acquiring an additional 586,022 shares during the last quarter.

iShares S&P 100 ETF Trading Up 0.9%

NYSEARCA:OEF opened at $339.45 on Friday. The firm has a 50 day moving average of $328.15 and a 200-day moving average of $304.39. iShares S&P 100 ETF has a 1 year low of $232.57 and a 1 year high of $340.19. The stock has a market capitalization of $28.55 billion, a P/E ratio of 27.17 and a beta of 0.99.

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.