Arkadios Wealth Advisors Invests $314,000 in iShares S&P 100 ETF (NYSEARCA:OEF)

Arkadios Wealth Advisors acquired a new stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,188 shares of the company’s stock, valued at approximately $314,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. YHB Investment Advisors Inc. bought a new stake in shares of iShares S&P 100 ETF during the 1st quarter valued at about $38,000. Sugarloaf Wealth Management LLC lifted its position in iShares S&P 100 ETF by 66.4% during the second quarter. Sugarloaf Wealth Management LLC now owns 203 shares of the company’s stock valued at $54,000 after purchasing an additional 81 shares during the last quarter. American National Bank grew its stake in iShares S&P 100 ETF by 164.3% in the 1st quarter. American National Bank now owns 222 shares of the company’s stock worth $55,000 after buying an additional 138 shares in the last quarter. ORG Partners LLC bought a new position in shares of iShares S&P 100 ETF in the 2nd quarter worth $71,000. Finally, ICA Group Wealth Management LLC purchased a new stake in shares of iShares S&P 100 ETF during the 4th quarter valued at $92,000.

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA:OEF opened at $271.23 on Friday. The firm has a market capitalization of $13.07 billion, a PE ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a 52-week low of $193.00 and a 52-week high of $275.57. The firm has a fifty day moving average of $265.80 and a 200 day moving average of $253.43.

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.