SVB Wealth LLC Makes New $973,000 Investment in iShares S&P 100 ETF (NYSEARCA:OEF)

SVB Wealth LLC acquired a new position in iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 3,367 shares of the company’s stock, valued at approximately $973,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Kovitz Investment Group Partners LLC grew its position in iShares S&P 100 ETF by 8,529.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock worth $103,375,000 after purchasing an additional 371,267 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares S&P 100 ETF by 28,806.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 228,936 shares of the company’s stock worth $66,128,000 after buying an additional 228,144 shares during the period. Quantum Financial Advisors LLC acquired a new position in shares of iShares S&P 100 ETF during the fourth quarter worth approximately $62,836,000. Lockheed Martin Investment Management Co. bought a new position in iShares S&P 100 ETF in the 4th quarter worth approximately $39,110,000. Finally, Cerity Partners LLC increased its position in iShares S&P 100 ETF by 390.5% in the 3rd quarter. Cerity Partners LLC now owns 159,901 shares of the company’s stock valued at $44,254,000 after acquiring an additional 127,304 shares during the period.

iShares S&P 100 ETF Stock Performance

Shares of OEF stock opened at $284.33 on Tuesday. iShares S&P 100 ETF has a 1 year low of $233.95 and a 1 year high of $300.35. The stock has a fifty day moving average of $293.26 and a two-hundred day moving average of $284.77. The firm has a market capitalization of $14.76 billion, a PE ratio of 28.56 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.