Kelly Financial Services LLC Has $4.18 Million Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Kelly Financial Services LLC grew its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 6.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,092 shares of the company’s stock after buying an additional 963 shares during the quarter. iShares S&P 100 ETF accounts for approximately 1.5% of Kelly Financial Services LLC’s holdings, making the stock its 15th biggest holding. Kelly Financial Services LLC’s holdings in iShares S&P 100 ETF were worth $4,177,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Continuum Advisory LLC raised its stake in shares of iShares S&P 100 ETF by 3.4% in the fourth quarter. Continuum Advisory LLC now owns 32,196 shares of the company’s stock valued at $7,192,000 after acquiring an additional 1,066 shares during the last quarter. Able Wealth Management LLC bought a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth $265,000. Wealth Forward LLC acquired a new position in iShares S&P 100 ETF during the 4th quarter valued at about $10,293,000. Raleigh Capital Management Inc. boosted its stake in shares of iShares S&P 100 ETF by 12,666.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,915 shares of the company’s stock valued at $428,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Beacon Financial Group acquired a new stake in shares of iShares S&P 100 ETF during the 4th quarter worth approximately $1,270,000.

iShares S&P 100 ETF Price Performance

Shares of NYSEARCA OEF opened at $278.67 on Thursday. The company’s 50 day simple moving average is $267.95 and its 200 day simple moving average is $259.37. The firm has a market capitalization of $13.43 billion, a P/E ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a fifty-two week low of $193.00 and a fifty-two week high of $278.93.

About iShares S&P 100 ETF

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.