Northwestern Mutual Wealth Management Co. Increases Stake in iShares S&P 100 ETF $OEF

Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 203.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,282,015 shares of the company’s stock after acquiring an additional 859,264 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.50% of iShares S&P 100 ETF worth $439,693,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Physician Wealth Advisors Inc. raised its holdings in iShares S&P 100 ETF by 74.5% in the third quarter. Physician Wealth Advisors Inc. now owns 82 shares of the company’s stock valued at $27,000 after buying an additional 35 shares during the period. Lodestone Wealth Management LLC purchased a new position in iShares S&P 100 ETF in the fourth quarter valued at approximately $34,000. Sage Mountain Advisors LLC raised its holdings in iShares S&P 100 ETF by 125.5% in the third quarter. Sage Mountain Advisors LLC now owns 106 shares of the company’s stock valued at $35,000 after buying an additional 59 shares during the period. Optima Capital LLC purchased a new position in iShares S&P 100 ETF in the fourth quarter valued at approximately $39,000. Finally, First Command Advisory Services Inc. purchased a new position in iShares S&P 100 ETF in the third quarter valued at approximately $39,000.

iShares S&P 100 ETF Stock Performance

NYSEARCA OEF opened at $369.36 on Friday. iShares S&P 100 ETF has a one year low of $280.67 and a one year high of $374.64. The company’s 50 day moving average price is $338.66 and its 200 day moving average price is $340.31. The firm has a market capitalization of $20.39 billion, a price-to-earnings ratio of 27.17 and a beta of 1.02.

iShares S&P 100 ETF 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.