Portland Financial Advisors Inc Invests $572,000 in iShares S&P 100 ETF (NYSEARCA:OEF)

Portland Financial Advisors Inc acquired a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,981 shares of the company’s stock, valued at approximately $572,000. iShares S&P 100 ETF comprises about 1.5% of Portland Financial Advisors Inc’s investment portfolio, making the stock its 18th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Wharton Business Group LLC increased its position in shares of iShares S&P 100 ETF by 3.9% during the fourth quarter. Wharton Business Group LLC now owns 27,729 shares of the company’s stock valued at $8,010,000 after acquiring an additional 1,040 shares in the last quarter. Midwest Capital Advisors LLC bought a new stake in shares of iShares S&P 100 ETF in the 4th quarter worth $28,000. Y Intercept Hong Kong Ltd bought a new stake in shares of iShares S&P 100 ETF in the 4th quarter worth $275,000. World Equity Group Inc. purchased a new position in shares of iShares S&P 100 ETF in the fourth quarter worth $211,000. Finally, KM Capital Management Ltd. lifted its holdings in shares of iShares S&P 100 ETF by 1.6% during the fourth quarter. KM Capital Management Ltd. now owns 22,935 shares of the company’s stock valued at $6,625,000 after purchasing an additional 368 shares in the last quarter.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock opened at $294.16 on Monday. iShares S&P 100 ETF has a one year low of $233.95 and a one year high of $300.35. The business’s fifty day moving average is $293.70 and its 200 day moving average is $283.54. The stock has a market capitalization of $15.27 billion, a PE ratio of 28.56 and a beta of 0.99.

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.