Quantum Financial Advisors LLC Invests $62.84 Million in iShares S&P 100 ETF (NYSEARCA:OEF)

Quantum Financial Advisors LLC bought a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 217,539 shares of the company’s stock, valued at approximately $62,836,000. iShares S&P 100 ETF comprises approximately 8.8% of Quantum Financial Advisors LLC’s portfolio, making the stock its 3rd biggest position.

Other institutional investors also recently added to or reduced their stakes in the company. Fifth Third Wealth Advisors LLC increased its position in shares of iShares S&P 100 ETF by 2.6% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 2,188 shares of the company’s stock valued at $606,000 after purchasing an additional 55 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares S&P 100 ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 1,494,935 shares of the company’s stock valued at $413,739,000 after buying an additional 13,236 shares in the last quarter. Renaissance Technologies LLC raised its stake in iShares S&P 100 ETF by 223.8% in the second quarter. Renaissance Technologies LLC now owns 13,600 shares of the company’s stock valued at $3,594,000 after buying an additional 9,400 shares in the last quarter. Dentgroup LLC lifted its holdings in iShares S&P 100 ETF by 8.8% during the 3rd quarter. Dentgroup LLC now owns 2,487 shares of the company’s stock worth $688,000 after buying an additional 202 shares during the last quarter. Finally, Ridgeline Wealth LLC acquired a new position in shares of iShares S&P 100 ETF during the 4th quarter worth about $4,704,000.

iShares S&P 100 ETF Stock Down 0.1 %

Shares of iShares S&P 100 ETF stock opened at $285.45 on Tuesday. iShares S&P 100 ETF has a 52 week low of $222.17 and a 52 week high of $298.44. The firm has a market capitalization of $13.76 billion, a P/E ratio of 28.76 and a beta of 1.04. The firm’s 50 day moving average is $290.57 and its two-hundred day moving average is $277.48.

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.