Elm Partners Management LLC Takes $542,000 Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Elm Partners Management LLC bought a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,960 shares of the company’s stock, valued at approximately $542,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hershey Financial Advisers LLC purchased a new stake in shares of iShares S&P 100 ETF during the second quarter worth $29,000. NBT Bank N A NY raised its holdings in shares of iShares S&P 100 ETF by 1,542.9% during the second quarter. NBT Bank N A NY now owns 115 shares of the company’s stock worth $30,000 after acquiring an additional 108 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of iShares S&P 100 ETF during the second quarter worth $37,000. Sugarloaf Wealth Management LLC raised its holdings in shares of iShares S&P 100 ETF by 66.4% during the second quarter. Sugarloaf Wealth Management LLC now owns 203 shares of the company’s stock worth $54,000 after acquiring an additional 81 shares in the last quarter. Finally, Eastern Bank purchased a new stake in shares of iShares S&P 100 ETF during the third quarter worth $69,000.

iShares S&P 100 ETF Trading Down 1.4 %

Shares of NYSEARCA:OEF opened at $283.56 on Monday. iShares S&P 100 ETF has a 1 year low of $212.37 and a 1 year high of $290.50. The business has a fifty day simple moving average of $278.01 and a 200 day simple moving average of $267.07. The firm has a market cap of $13.67 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04.

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.