JPMorgan Chase & Co. Raises Position in iShares S&P 100 ETF (NYSEARCA:OEF)

JPMorgan Chase & Co. boosted its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 43.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,036,782 shares of the company’s stock after buying an additional 613,679 shares during the period. JPMorgan Chase & Co.’s holdings in iShares S&P 100 ETF were worth $551,622,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Demars Financial Group LLC lifted its holdings in shares of iShares S&P 100 ETF by 28,231.0% during the fourth quarter. Demars Financial Group LLC now owns 50,716,939 shares of the company’s stock valued at $14,649,588,000 after purchasing an additional 50,537,923 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares S&P 100 ETF by 499.5% during the first quarter. Envestnet Asset Management Inc. now owns 4,102,712 shares of the company’s stock valued at $1,111,138,000 after purchasing an additional 3,418,304 shares during the last quarter. LPL Financial LLC lifted its holdings 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 purchasing an additional 1,003,899 shares during the last quarter. Liberty Wealth Management LLC lifted its holdings in shares of iShares S&P 100 ETF by 7,669.7% during the first quarter. Liberty Wealth Management LLC now owns 352,900 shares of the company’s stock valued at $95,576,000 after purchasing an additional 348,358 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares S&P 100 ETF by 500.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 408,814 shares of the company’s stock valued at $110,719,000 after purchasing an additional 340,725 shares during the last quarter.

iShares S&P 100 ETF Stock Performance

OEF stock opened at $316.54 on Tuesday. The firm has a 50 day moving average price of $304.27 and a 200-day moving average price of $287.24. iShares S&P 100 ETF has a 52-week low of $232.57 and a 52-week high of $318.02. The firm has a market capitalization of $21.59 billion, a price-to-earnings ratio of 27.17 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.