NewEdge Advisors LLC Raises Position in iShares S&P 100 ETF (NYSEARCA:OEF)

NewEdge Advisors LLC boosted its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 17.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,010 shares of the company’s stock after purchasing an additional 4,526 shares during the period. NewEdge Advisors LLC owned about 0.06% of iShares S&P 100 ETF worth $7,932,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. NBT Bank N A NY increased its stake in shares of iShares S&P 100 ETF by 1,542.9% in the second quarter. NBT Bank N A NY now owns 115 shares of the company’s stock worth $30,000 after purchasing an additional 108 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in iShares S&P 100 ETF in the 2nd quarter valued at approximately $37,000. YHB Investment Advisors Inc. bought a new stake in iShares S&P 100 ETF during the 1st quarter valued at $38,000. Sugarloaf Wealth Management LLC lifted its position in shares of iShares S&P 100 ETF by 66.4% during the second quarter. Sugarloaf Wealth Management LLC now owns 203 shares of the company’s stock worth $54,000 after acquiring an additional 81 shares in the last quarter. Finally, American National Bank boosted 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 worth $55,000 after acquiring an additional 138 shares during the period.

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA OEF opened at $276.55 on Tuesday. iShares S&P 100 ETF has a fifty-two week low of $193.00 and a fifty-two week high of $277.08. The stock has a market cap of $13.33 billion, a PE ratio of 28.76 and a beta of 1.04. The stock has a fifty day moving average of $266.23 and a 200-day moving average of $258.01.

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.