Principal Securities Inc. Buys 14,744 Shares of iShares S&P 100 ETF $OEF

Principal Securities Inc. increased its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 49.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 44,396 shares of the company’s stock after acquiring an additional 14,744 shares during the period. Principal Securities Inc.’s holdings in iShares S&P 100 ETF were worth $15,226,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Mosley Wealth Management acquired a new position in iShares S&P 100 ETF in the fourth quarter valued at about $1,642,000. Ullmann Wealth Partners Group LLC acquired a new position in iShares S&P 100 ETF in the fourth quarter valued at about $345,000. Kovack Advisors Inc. boosted its position in iShares S&P 100 ETF by 190.5% in the fourth quarter. Kovack Advisors Inc. now owns 2,103 shares of the company’s stock valued at $721,000 after buying an additional 1,379 shares in the last quarter. Absolute Capital Management LLC boosted its position in iShares S&P 100 ETF by 71.5% in the fourth quarter. Absolute Capital Management LLC now owns 8,733 shares of the company’s stock valued at $2,995,000 after buying an additional 3,640 shares in the last quarter. Finally, SmartHarvest Portfolios LLC acquired a new position in iShares S&P 100 ETF in the fourth quarter valued at about $512,000.

iShares S&P 100 ETF Stock Up 1.6%

NYSEARCA:OEF opened at $363.54 on Friday. The company’s 50-day moving average price is $356.44 and its two-hundred day moving average price is $344.34. iShares S&P 100 ETF has a 12 month low of $290.39 and a 12 month high of $379.02. The firm has a market cap of $20.07 billion, a PE ratio of 27.17 and a beta of 1.03.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.