Watershed Private Wealth LLC Has $1.52 Million Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Watershed Private Wealth LLC boosted its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 16.6% in the third quarter, Holdings Channel reports. The firm owned 5,488 shares of the company’s stock after acquiring an additional 783 shares during the period. Watershed Private Wealth LLC’s holdings in iShares S&P 100 ETF were worth $1,519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC acquired a new stake in shares of iShares S&P 100 ETF in the second quarter worth $545,000. Sanctuary Advisors LLC acquired a new position in shares of iShares S&P 100 ETF in the 2nd quarter valued at $36,855,000. Sigma Investment Counselors Inc. lifted its holdings in shares of iShares S&P 100 ETF by 6.8% during the 2nd quarter. Sigma Investment Counselors Inc. now owns 1,322,000 shares of the company’s stock worth $349,405,000 after acquiring an additional 84,738 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares S&P 100 ETF by 67.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 157,148 shares of the company’s stock valued at $41,535,000 after acquiring an additional 63,454 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in iShares S&P 100 ETF by 1.9% in the second quarter. Fifth Third Bancorp now owns 2,342,784 shares of the company’s stock valued at $619,198,000 after acquiring an additional 43,084 shares during the period.

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA OEF traded down $2.72 during trading on Tuesday, reaching $278.90. The company had a trading volume of 205,885 shares, compared to its average volume of 280,005. The stock has a market cap of $13.44 billion, a PE ratio of 28.76 and a beta of 1.04. The business’s 50 day moving average price is $269.40 and its 200-day moving average price is $260.15. iShares S&P 100 ETF has a 52 week low of $193.00 and a 52 week high of $282.18.

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.