Advance Capital Management Inc. Buys New Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Advance Capital Management Inc. purchased a new position in iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 794 shares of the company’s stock, valued at approximately $229,000.

A number of other institutional investors have also recently made changes to their positions in OEF. Fifth Third Wealth Advisors LLC increased its stake in iShares S&P 100 ETF by 2.6% in the third quarter. Fifth Third Wealth Advisors LLC now owns 2,188 shares of the company’s stock valued at $606,000 after acquiring an additional 55 shares during the last quarter. Fiduciary Planning LLC bought a new position in shares of iShares S&P 100 ETF in the second quarter worth approximately $5,192,000. JPMorgan Chase & Co. increased its position in shares of iShares S&P 100 ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 1,494,935 shares of the company’s stock valued at $413,739,000 after acquiring an additional 13,236 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of iShares S&P 100 ETF by 223.8% during the second quarter. Renaissance Technologies LLC now owns 13,600 shares of the company’s stock worth $3,594,000 after purchasing an additional 9,400 shares during the period. Finally, Dentgroup LLC grew its stake in shares of iShares S&P 100 ETF by 8.8% in the third quarter. Dentgroup LLC now owns 2,487 shares of the company’s stock worth $688,000 after purchasing an additional 202 shares during the last quarter.

iShares S&P 100 ETF Price Performance

OEF traded up $2.28 during midday trading on Monday, reaching $293.74. 330,866 shares of the company’s stock traded hands, compared to its average volume of 296,837. The stock has a market capitalization of $14.16 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a 52 week low of $220.34 and a 52 week high of $298.44. The firm has a fifty day moving average of $289.34 and a two-hundred day moving average of $276.44.

iShares S&P 100 ETF 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.