Gateway Wealth Partners LLC Boosts Holdings in iShares S&P 100 ETF $OEF

Gateway Wealth Partners LLC lifted its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 98.8% in the third quarter, HoldingsChannel reports. The firm owned 13,485 shares of the company’s stock after buying an additional 6,701 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares S&P 100 ETF were worth $4,488,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its stake in shares of 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 worth $3,573,439,000 after acquiring an additional 4,846,586 shares in the last quarter. Bank of America Corp DE boosted its holdings in 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 purchasing an additional 168,990 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares S&P 100 ETF by 3.0% in the second quarter. JPMorgan Chase & Co. now owns 2,097,700 shares of the company’s stock valued at $638,435,000 after purchasing an additional 60,918 shares during the period. Jones Financial Companies Lllp grew its stake in iShares S&P 100 ETF by 4.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,067,298 shares of the company’s stock worth $684,227,000 after purchasing an additional 79,720 shares in the last quarter. Finally, CWM LLC increased its holdings 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 worth $387,350,000 after purchasing an additional 652,134 shares during the period.

iShares S&P 100 ETF Stock Performance

Shares of OEF opened at $341.61 on Friday. iShares S&P 100 ETF has a 1 year low of $232.57 and a 1 year high of $349.08. The stock has a market capitalization of $29.26 billion, a PE ratio of 27.17 and a beta of 1.00. The stock has a 50-day simple moving average of $343.13 and a 200-day simple moving average of $333.91.

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.