Sugarloaf Wealth Management LLC Purchases 62 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Sugarloaf Wealth Management LLC boosted its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 30.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 265 shares of the company’s stock after buying an additional 62 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in iShares S&P 100 ETF were worth $73,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in OEF. Fifth Third Bancorp raised its position in shares of iShares S&P 100 ETF by 1.9% during the second quarter. Fifth Third Bancorp now owns 2,342,784 shares of the company’s stock worth $619,198,000 after acquiring an additional 43,084 shares during the last quarter. Sigma Investment Counselors Inc. lifted its position in shares of iShares S&P 100 ETF by 6.8% in the 2nd quarter. Sigma Investment Counselors Inc. now owns 1,322,000 shares of the company’s stock worth $349,405,000 after purchasing an additional 84,738 shares during the period. Merriman Wealth Management LLC boosted its stake in shares of iShares S&P 100 ETF by 1.1% in the 2nd quarter. Merriman Wealth Management LLC now owns 751,929 shares of the company’s stock valued at $198,735,000 after purchasing an additional 8,108 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares S&P 100 ETF by 5.7% in the 2nd quarter. LPL Financial LLC now owns 659,918 shares of the company’s stock valued at $174,416,000 after purchasing an additional 35,340 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares S&P 100 ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 616,360 shares of the company’s stock worth $162,904,000 after buying an additional 35,071 shares during the period.

iShares S&P 100 ETF Stock Up 1.2 %

OEF stock opened at $276.97 on Wednesday. The firm has a market cap of $13.35 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. The company’s fifty day simple moving average is $267.35 and its 200 day simple moving average is $259.02. iShares S&P 100 ETF has a 12-month low of $193.00 and a 12-month high of $277.12.

iShares S&P 100 ETF 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.