Avidian Wealth Enterprises LLC Increases Stake in iShares S&P 100 ETF $OEF

Avidian Wealth Enterprises LLC lifted its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 34.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,247 shares of the company’s stock after acquiring an additional 576 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares S&P 100 ETF were worth $684,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in OEF. Envestnet Asset Management Inc. raised its position in iShares S&P 100 ETF by 499.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 4,102,712 shares of the company’s stock worth $1,111,138,000 after purchasing an additional 3,418,304 shares during the period. LPL Financial LLC grew its stake in shares of iShares S&P 100 ETF by 126.3% during the first quarter. LPL Financial LLC now owns 1,798,912 shares of the company’s stock valued at $487,199,000 after buying an additional 1,003,899 shares during the last quarter. Focus Partners Wealth grew its stake in shares of iShares S&P 100 ETF by 3,712.4% during the first quarter. Focus Partners Wealth now owns 763,435 shares of the company’s stock valued at $206,761,000 after buying an additional 743,410 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P 100 ETF by 43.1% in the first quarter. JPMorgan Chase & Co. now owns 2,036,782 shares of the company’s stock worth $551,622,000 after buying an additional 613,679 shares during the period. Finally, Kestra Advisory Services LLC lifted its stake in shares of iShares S&P 100 ETF by 1,265.6% during the 1st quarter. Kestra Advisory Services LLC now owns 632,327 shares of the company’s stock worth $171,253,000 after acquiring an additional 586,022 shares during the last quarter.

iShares S&P 100 ETF Stock Down 0.1%

Shares of NYSEARCA:OEF opened at $336.14 on Wednesday. The business’s 50 day moving average is $327.18 and its 200 day moving average is $302.41. The stock has a market cap of $28.24 billion, a P/E ratio of 27.17 and a beta of 0.99. iShares S&P 100 ETF has a 52-week low of $232.57 and a 52-week high of $337.67.

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.