PKS Advisory Services LLC Acquires New Stake in iShares S&P 100 ETF (NYSEARCA:OEF)

PKS Advisory Services LLC bought a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, Holdings Channel.com reports. The fund bought 3,239 shares of the company’s stock, valued at approximately $936,000.

A number of other hedge funds have also modified their holdings of OEF. Kovitz Investment Group Partners LLC grew its stake in iShares S&P 100 ETF by 8,529.0% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock valued at $103,375,000 after acquiring an additional 371,267 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares S&P 100 ETF in the fourth quarter valued at approximately $91,970,000. Strategic Financial Concepts LLC lifted its position in iShares S&P 100 ETF by 28,806.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 228,936 shares of the company’s stock worth $66,128,000 after buying an additional 228,144 shares in the last quarter. Quantum Financial Advisors LLC acquired a new position in iShares S&P 100 ETF during the fourth quarter worth $62,836,000. Finally, Lockheed Martin Investment Management Co. purchased a new stake in iShares S&P 100 ETF in the 4th quarter valued at $39,110,000.

iShares S&P 100 ETF Stock Up 1.9 %

NYSEARCA OEF opened at $279.28 on Tuesday. iShares S&P 100 ETF has a 52 week low of $233.95 and a 52 week high of $300.35. The business’s fifty day simple moving average is $288.48 and its 200-day simple moving average is $285.41. The firm has a market cap of $16.84 billion, a PE ratio of 26.23 and a beta of 0.99.

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.