Segment Wealth Management LLC Makes New Investment in iShares S&P 100 ETF $OEF

Segment Wealth Management LLC bought a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the third quarter, Holdings Channel.com reports. The fund bought 32,354 shares of the company’s stock, valued at approximately $12,362,000.

Several other hedge funds and other institutional investors have also bought and sold shares of OEF. FSA Wealth Partners Inc. lifted its holdings in iShares S&P 100 ETF by 157.3% in the third quarter. FSA Wealth Partners Inc. now owns 27,722 shares of the company’s stock valued at $10,592,000 after buying an additional 16,948 shares during the period. Flagship Harbor Advisors LLC boosted its position in iShares S&P 100 ETF by 2.8% during the third quarter. Flagship Harbor Advisors LLC now owns 2,507 shares of the company’s stock valued at $958,000 after acquiring an additional 69 shares during the last quarter. Patton Albertson Miller Group LLC bought a new stake in iShares S&P 100 ETF during the third quarter valued at $8,507,000. Hourglass Capital LLC acquired a new stake in iShares S&P 100 ETF during the 3rd quarter worth about $340,000. Finally, Kingswood Wealth Advisors LLC grew its holdings in iShares S&P 100 ETF by 2.8% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 2,578 shares of the company’s stock worth $985,000 after acquiring an additional 69 shares during the period.

iShares S&P 100 ETF Trading Up 0.7%

Shares of iShares S&P 100 ETF stock opened at $380.05 on Tuesday. The business has a 50-day moving average price of $381.99 and a two-hundred day moving average price of $359.36. iShares S&P 100 ETF has a 1-year low of $306.84 and a 1-year high of $390.69. The company has a market cap of $20.37 billion, a P/E ratio of 27.17 and a beta of 1.03.

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.