Tennessee Valley Asset Management Partners Makes New Investment in iShares S&P 100 ETF $OEF

Tennessee Valley Asset Management Partners acquired a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 29,402 shares of the company’s stock, valued at approximately $9,786,000. iShares S&P 100 ETF makes up 1.3% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 15th biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in iShares S&P 100 ETF by 82.3% in the third quarter. Envestnet Asset Management Inc. now owns 10,736,206 shares of the company’s stock valued at $3,573,439,000 after purchasing an additional 4,846,586 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares S&P 100 ETF by 2.6% in the second quarter. Bank of America Corp DE now owns 6,572,075 shares of the company’s stock valued at $2,000,211,000 after buying an additional 168,990 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares S&P 100 ETF by 27.8% during the third quarter. JPMorgan Chase & Co. now owns 2,680,787 shares of the company’s stock worth $892,274,000 after acquiring an additional 583,087 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares S&P 100 ETF by 4.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,067,298 shares of the company’s stock worth $684,227,000 after acquiring an additional 79,720 shares during the last quarter. Finally, CWM LLC boosted its stake in iShares S&P 100 ETF by 127.5% during the 3rd quarter. CWM LLC now owns 1,163,773 shares of the company’s stock valued at $387,350,000 after purchasing an additional 652,134 shares during the last quarter.

iShares S&P 100 ETF Trading Down 0.0%

NYSEARCA OEF opened at $333.47 on Thursday. The business has a fifty day simple moving average of $339.63 and a 200 day simple moving average of $337.19. The firm has a market capitalization of $28.56 billion, a P/E ratio of 27.17 and a beta of 1.00. iShares S&P 100 ETF has a 12 month low of $232.57 and a 12 month 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.