Sequoia Financial Advisors LLC Buys 852 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Sequoia Financial Advisors LLC lifted its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 58.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,317 shares of the company’s stock after acquiring an additional 852 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares S&P 100 ETF were worth $669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kovitz Investment Group Partners LLC lifted its stake in iShares S&P 100 ETF by 8,529.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock valued at $103,375,000 after buying an additional 371,267 shares during the period. Raymond James Financial Inc. bought a new position in shares of iShares S&P 100 ETF in the 4th quarter worth $91,970,000. Strategic Financial Concepts LLC grew its position in iShares S&P 100 ETF by 28,806.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 228,936 shares of the company’s stock valued at $66,128,000 after purchasing an additional 228,144 shares during the period. Quantum Financial Advisors LLC acquired a new stake in iShares S&P 100 ETF in the 4th quarter valued at $62,836,000. Finally, Lockheed Martin Investment Management Co. bought a new stake in iShares S&P 100 ETF during the 4th quarter valued at $39,110,000.

iShares S&P 100 ETF Trading Up 0.4 %

iShares S&P 100 ETF stock opened at $274.91 on Tuesday. The firm has a market capitalization of $16.58 billion, a price-to-earnings ratio of 26.23 and a beta of 0.99. The firm’s fifty day moving average price is $289.84 and its two-hundred day moving average price is $285.16. iShares S&P 100 ETF has a 1-year low of $233.95 and a 1-year high of $300.35.

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.