Advisors Preferred LLC Makes New $509,000 Investment in iShares S&P 100 ETF $OEF

Advisors Preferred LLC purchased a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,600 shares of the company’s stock, valued at approximately $509,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in shares of iShares S&P 100 ETF by 2.6% in the 2nd quarter. Bank of America Corp DE now owns 6,572,075 shares of the company’s stock worth $2,000,211,000 after acquiring an additional 168,990 shares during the last quarter. LPL Financial LLC increased its holdings in iShares S&P 100 ETF by 6.9% in the 4th quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock valued at $1,553,746,000 after purchasing an additional 290,930 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares S&P 100 ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 2,791,323 shares of the company’s stock valued at $957,340,000 after purchasing an additional 110,536 shares during the period. Fifth Third Bancorp raised its position in iShares S&P 100 ETF by 1.3% in the first quarter. Fifth Third Bancorp now owns 2,582,609 shares of the company’s stock valued at $821,451,000 after purchasing an additional 33,445 shares during the period. Finally, Morgan Stanley lifted its stake in iShares S&P 100 ETF by 6.1% during the fourth quarter. Morgan Stanley now owns 2,555,823 shares of the company’s stock worth $876,571,000 after purchasing an additional 147,326 shares in the last quarter.

iShares S&P 100 ETF Stock Up 0.9%

OEF opened at $373.90 on Thursday. iShares S&P 100 ETF has a 52 week low of $305.92 and a 52 week high of $379.02. The business has a fifty day simple moving average of $368.34 and a 200-day simple moving average of $348.34. The firm has a market cap of $20.53 billion, a P/E ratio of 27.17 and a beta of 1.03.

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.