Richmond Investment Services LLC Makes New Investment in iShares S&P 100 ETF $OEF

Richmond Investment Services LLC purchased a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the second quarter, HoldingsChannel reports. The institutional investor purchased 1,342 shares of the company’s stock, valued at approximately $408,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Assetmark Inc. grew its holdings in shares of iShares S&P 100 ETF by 125.7% during the first quarter. Assetmark Inc. now owns 13,969 shares of the company’s stock worth $3,783,000 after buying an additional 7,781 shares in the last quarter. Arkadios Wealth Advisors boosted its position in iShares S&P 100 ETF by 53.5% during the 1st quarter. Arkadios Wealth Advisors now owns 2,750 shares of the company’s stock worth $745,000 after acquiring an additional 959 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its stake in shares of iShares S&P 100 ETF by 85.6% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 5,290 shares of the company’s stock worth $1,432,000 after acquiring an additional 2,440 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of iShares S&P 100 ETF by 17.3% in the first quarter. Natixis Advisors LLC now owns 34,423 shares of the company’s stock valued at $9,323,000 after purchasing an additional 5,069 shares during the last quarter. Finally, Hoxton Planning & Management LLC bought a new stake in shares of iShares S&P 100 ETF in the first quarter worth $2,049,000.

iShares S&P 100 ETF Trading Up 0.7%

Shares of OEF opened at $342.38 on Thursday. The stock has a market capitalization of $28.95 billion, a price-to-earnings ratio of 27.17 and a beta of 1.00. iShares S&P 100 ETF has a 12 month low of $232.57 and a 12 month high of $349.08. The firm has a fifty day simple moving average of $336.59 and a 200 day simple moving average of $316.93.

iShares S&P 100 ETF Company 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.