Lbmc Investment Advisors LLC Purchases New Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Lbmc Investment Advisors LLC acquired a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 697 shares of the company’s stock, valued at approximately $201,000.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of iShares S&P 100 ETF by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 1,494,935 shares of the company’s stock worth $413,739,000 after buying an additional 13,236 shares in the last quarter. Sigma Investment Counselors Inc. increased its holdings in iShares S&P 100 ETF by 7.2% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 1,417,510 shares of the company’s stock worth $392,310,000 after purchasing an additional 95,510 shares in the last quarter. Merriman Wealth Management LLC raised its position in iShares S&P 100 ETF by 1.1% in the second quarter. Merriman Wealth Management LLC now owns 751,929 shares of the company’s stock valued at $198,735,000 after purchasing an additional 8,108 shares during the last quarter. LPL Financial LLC raised its position in iShares S&P 100 ETF by 3.8% in the third quarter. LPL Financial LLC now owns 684,864 shares of the company’s stock valued at $189,543,000 after purchasing an additional 24,946 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P 100 ETF by 3.3% during the third quarter. PNC Financial Services Group Inc. now owns 484,616 shares of the company’s stock valued at $134,122,000 after purchasing an additional 15,684 shares in the last quarter.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock opened at $292.21 on Friday. The business has a 50 day moving average of $290.82 and a 200-day moving average of $278.04. The company has a market capitalization of $14.08 billion, a P/E ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a 1 year low of $223.73 and a 1 year high of $298.44.

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.