Focus Financial Network Inc. Acquires 264 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Focus Financial Network Inc. boosted its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 28.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,193 shares of the company’s stock after purchasing an additional 264 shares during the period. Focus Financial Network Inc.’s holdings in iShares S&P 100 ETF were worth $344,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in OEF. International Assets Investment Management LLC increased its position in iShares S&P 100 ETF by 31,481.5% in the 3rd quarter. International Assets Investment Management LLC now owns 374,872 shares of the company’s stock worth $103,750,000 after buying an additional 373,685 shares during the period. Kovitz Investment Group Partners LLC increased its position in shares of iShares S&P 100 ETF by 8,529.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock valued at $103,375,000 after purchasing an additional 371,267 shares during the period. Strategic Financial Concepts LLC increased its position in shares of iShares S&P 100 ETF by 28,806.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 228,936 shares of the company’s stock valued at $66,128,000 after purchasing an additional 228,144 shares during the period. Quantum Financial Advisors LLC bought a new stake in shares of iShares S&P 100 ETF during the fourth quarter valued at approximately $62,836,000. Finally, Lockheed Martin Investment Management Co. bought a new stake in shares of iShares S&P 100 ETF during the fourth quarter valued at approximately $39,110,000.

iShares S&P 100 ETF Trading Up 1.1 %

OEF opened at $298.95 on Friday. The stock has a market cap of $14.41 billion, a PE ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a 1 year low of $233.95 and a 1 year high of $299.45. The stock’s 50 day simple moving average is $293.28 and its 200-day simple moving average is $281.31.

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.