Independent Advisor Alliance Makes New Investment in iShares S&P 100 ETF (NYSEARCA:OEF)

Independent Advisor Alliance purchased a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the fourth quarter, Holdings Channel reports. The firm purchased 5,473 shares of the company’s stock, valued at approximately $1,581,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. boosted its stake in iShares S&P 100 ETF by 5.5% in the 3rd quarter. Assetmark Inc. now owns 5,178 shares of the company’s stock worth $1,433,000 after purchasing an additional 272 shares in the last quarter. Harbour Investments Inc. increased its position in shares of iShares S&P 100 ETF by 5.1% in the 3rd quarter. Harbour Investments Inc. now owns 845 shares of the company’s stock valued at $234,000 after acquiring an additional 41 shares during the period. Aptus Capital Advisors LLC raised its stake in iShares S&P 100 ETF by 111.6% in the 3rd quarter. Aptus Capital Advisors LLC now owns 963 shares of the company’s stock worth $267,000 after acquiring an additional 508 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in iShares S&P 100 ETF by 2.0% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 15,120 shares of the company’s stock worth $4,185,000 after acquiring an additional 294 shares during the period. Finally, TSA Wealth Managment LLC grew its stake in iShares S&P 100 ETF by 2.0% during the 3rd quarter. TSA Wealth Managment LLC now owns 34,695 shares of the company’s stock valued at $9,602,000 after purchasing an additional 672 shares during the last quarter.

iShares S&P 100 ETF Stock Up 2.0 %

Shares of NYSEARCA:OEF opened at $273.78 on Friday. iShares S&P 100 ETF has a 52-week low of $233.95 and a 52-week high of $300.35. The stock has a market cap of $16.51 billion, a price-to-earnings ratio of 26.23 and a beta of 0.99. The business has a 50-day moving average price of $290.22 and a 200-day moving average price of $284.91.

About iShares S&P 100 ETF

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.