iShares S&P 100 ETF $OEF is Quantum Financial Advisors LLC’s Largest Position

Quantum Financial Advisors LLC lowered its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 2.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 404,718 shares of the company’s stock after selling 9,570 shares during the period. iShares S&P 100 ETF accounts for about 12.9% of Quantum Financial Advisors LLC’s holdings, making the stock its biggest position. Quantum Financial Advisors LLC’s holdings in iShares S&P 100 ETF were worth $148,074,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Turtle Creek Wealth Advisors LLC raised its position in iShares S&P 100 ETF by 192.0% during the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 6,292 shares of the company’s stock valued at $2,158,000 after acquiring an additional 4,137 shares in the last quarter. Kestra Private Wealth Services LLC raised its holdings in iShares S&P 100 ETF by 40.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 62,574 shares of the company’s stock valued at $21,461,000 after buying an additional 18,076 shares in the last quarter. J.M. Arbour LLC acquired a new stake in shares of iShares S&P 100 ETF in the fourth quarter worth about $2,597,000. Apollon Wealth Management LLC boosted its stake in shares of iShares S&P 100 ETF by 33.4% during the 4th quarter. Apollon Wealth Management LLC now owns 34,723 shares of the company’s stock worth $11,909,000 after acquiring an additional 8,690 shares in the last quarter. Finally, Northland Securities Inc. acquired a new position in shares of iShares S&P 100 ETF during the 4th quarter valued at about $531,000.

iShares S&P 100 ETF Stock Performance

OEF opened at $383.05 on Friday. The firm has a market cap of $20.55 billion, a P/E ratio of 27.17 and a beta of 1.03. The business has a 50 day moving average price of $368.17 and a 200 day moving average price of $351.35. iShares S&P 100 ETF has a twelve month low of $306.84 and a twelve month high of $384.82.

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.