SNS Financial Group LLC Increases Stock Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

SNS Financial Group LLC boosted its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 2.6% during the 2nd quarter, Holdings Channel reports. The fund owned 138,706 shares of the company’s stock after buying an additional 3,544 shares during the period. iShares S&P 100 ETF makes up 3.9% of SNS Financial Group LLC’s portfolio, making the stock its 7th largest holding. SNS Financial Group LLC’s holdings in iShares S&P 100 ETF were worth $36,660,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. YHB Investment Advisors Inc. bought a new position in shares of iShares S&P 100 ETF in the first quarter valued at approximately $38,000. Sugarloaf Wealth Management LLC lifted its holdings in shares of iShares S&P 100 ETF by 66.4% in the second quarter. Sugarloaf Wealth Management LLC now owns 203 shares of the company’s stock valued at $54,000 after purchasing an additional 81 shares in the last quarter. American National Bank lifted its holdings in shares of iShares S&P 100 ETF by 164.3% in the first quarter. American National Bank now owns 222 shares of the company’s stock valued at $55,000 after purchasing an additional 138 shares in the last quarter. ORG Partners LLC bought a new position in shares of iShares S&P 100 ETF in the second quarter valued at approximately $71,000. Finally, ICA Group Wealth Management LLC bought a new position in shares of iShares S&P 100 ETF in the fourth quarter valued at approximately $92,000.

iShares S&P 100 ETF Price Performance

Shares of OEF stock traded up $2.31 during trading hours on Friday, reaching $271.11. The company had a trading volume of 186,274 shares, compared to its average volume of 291,396. The company has a market cap of $13.07 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. The business has a fifty day simple moving average of $265.26 and a 200-day simple moving average of $252.40. iShares S&P 100 ETF has a 12 month low of $193.00 and a 12 month high of $275.57.

iShares S&P 100 ETF Company 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.