MB Generational Wealth LLC Invests $15.88 Million in iShares S&P 100 ETF $OEF

MB Generational Wealth LLC bought a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 47,723 shares of the company’s stock, valued at approximately $15,884,000. iShares S&P 100 ETF makes up approximately 10.1% of MB Generational Wealth LLC’s holdings, making the stock its 4th biggest holding. MB Generational Wealth LLC owned 0.06% of iShares S&P 100 ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. QRG Capital Management Inc. raised its position in iShares S&P 100 ETF by 7.8% during the second quarter. QRG Capital Management Inc. now owns 1,104 shares of the company’s stock valued at $336,000 after purchasing an additional 80 shares during the period. Apollon Wealth Management LLC lifted its position in iShares S&P 100 ETF by 22.8% in the second quarter. Apollon Wealth Management LLC now owns 14,420 shares of the company’s stock worth $4,389,000 after buying an additional 2,681 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in iShares S&P 100 ETF by 22.5% during the second quarter. Concurrent Investment Advisors LLC now owns 15,663 shares of the company’s stock worth $4,767,000 after buying an additional 2,877 shares during the period. Sovereign Financial Group Inc. increased its position in iShares S&P 100 ETF by 1.9% during the second quarter. Sovereign Financial Group Inc. now owns 3,370 shares of the company’s stock valued at $1,026,000 after acquiring an additional 63 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in shares of iShares S&P 100 ETF in the second quarter valued at $365,000.

iShares S&P 100 ETF Trading Up 1.8%

OEF stock opened at $341.61 on Monday. The stock has a market cap of $29.26 billion, a PE ratio of 27.17 and a beta of 1.00. iShares S&P 100 ETF has a 12 month low of $232.57 and a 12 month high of $349.08. The company has a 50-day moving average price of $343.13 and a 200 day moving average price of $334.06.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.