Summit Financial LLC Has $2.87 Million Holdings in iShares S&P 100 ETF $OEF

Summit Financial LLC lifted its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 0.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,589 shares of the company’s stock after buying an additional 58 shares during the quarter. Summit Financial LLC’s holdings in iShares S&P 100 ETF were worth $2,868,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of OEF. CX Institutional acquired a new stake in iShares S&P 100 ETF in the first quarter worth $25,000. Cornerstone Planning Group LLC boosted its holdings in iShares S&P 100 ETF by 958.3% during the first quarter. Cornerstone Planning Group LLC now owns 127 shares of the company’s stock worth $33,000 after purchasing an additional 115 shares during the last quarter. Quest 10 Wealth Builders Inc. boosted its holdings in iShares S&P 100 ETF by 74.7% during the first quarter. Quest 10 Wealth Builders Inc. now owns 145 shares of the company’s stock worth $39,000 after purchasing an additional 62 shares during the last quarter. Fourth Dimension Wealth LLC purchased a new position in iShares S&P 100 ETF during the fourth quarter worth about $52,000. Finally, Mpwm Advisory Solutions LLC purchased a new position in iShares S&P 100 ETF in the fourth quarter valued at about $56,000.

iShares S&P 100 ETF Stock Down 0.4%

OEF opened at $314.77 on Friday. The stock has a market cap of $21.47 billion, a price-to-earnings ratio of 27.17 and a beta of 0.99. iShares S&P 100 ETF has a twelve month low of $232.57 and a twelve month high of $321.89. The company’s 50-day moving average price is $308.29 and its two-hundred day moving average price is $288.68.

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.