Seven Mile Advisory Makes New $24.26 Million Investment in iShares S&P 100 ETF $OEF

Seven Mile Advisory acquired a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 72,885 shares of the company’s stock, valued at approximately $24,259,000. iShares S&P 100 ETF makes up about 3.9% of Seven Mile Advisory’s holdings, making the stock its 3rd largest holding. Seven Mile Advisory owned about 0.09% of iShares S&P 100 ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in OEF. Physician Wealth Advisors Inc. raised its holdings in shares of iShares S&P 100 ETF by 74.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 82 shares of the company’s stock worth $27,000 after acquiring an additional 35 shares during the last quarter. Phillips Financial Management LLC acquired a new position in iShares S&P 100 ETF during the 3rd quarter valued at about $30,000. Corsicana & Co. acquired a new position in iShares S&P 100 ETF during the 3rd quarter valued at about $32,000. Sage Mountain Advisors LLC increased its holdings in iShares S&P 100 ETF by 125.5% during the 3rd quarter. Sage Mountain Advisors LLC now owns 106 shares of the company’s stock worth $35,000 after purchasing an additional 59 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in iShares S&P 100 ETF during the 3rd quarter worth approximately $39,000.

iShares S&P 100 ETF Stock Down 1.5%

Shares of iShares S&P 100 ETF stock opened at $328.54 on Friday. iShares S&P 100 ETF has a 52 week low of $232.57 and a 52 week high of $349.08. The business has a 50 day moving average price of $339.34 and a 200-day moving average price of $337.13. The company has a market cap of $28.14 billion, a PE ratio of 27.17 and a beta of 1.00.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.