Wealthedge Investment Advisors LLC Takes Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Wealthedge Investment Advisors LLC acquired a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,382 shares of the company’s stock, valued at approximately $2,132,000. iShares S&P 100 ETF comprises about 1.0% of Wealthedge Investment Advisors LLC’s holdings, making the stock its 29th largest position.

A number of other hedge funds also recently made changes to their positions in the business. Copia Wealth Management acquired a new stake in iShares S&P 100 ETF during the 4th quarter worth approximately $72,000. BridgePort Financial Solutions LLC acquired a new stake in iShares S&P 100 ETF during the 4th quarter worth approximately $1,386,000. Capital A Wealth Management LLC acquired a new stake in iShares S&P 100 ETF during the 4th quarter worth approximately $567,000. Heck Capital Advisors LLC acquired a new stake in iShares S&P 100 ETF during the 4th quarter worth approximately $68,000. Finally, Armis Advisers LLC acquired a new stake in iShares S&P 100 ETF during the 4th quarter worth approximately $334,000.

iShares S&P 100 ETF Trading Up 2.1%

NYSEARCA:OEF opened at $288.57 on Wednesday. The stock has a market cap of $19.03 billion, a P/E ratio of 25.22 and a beta of 1.02. The stock has a 50 day simple moving average of $269.49 and a 200 day simple moving average of $282.84. iShares S&P 100 ETF has a 1-year low of $232.57 and a 1-year high of $300.35.

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.