Optivise Advisory Services LLC Makes New Investment in iShares S&P 100 ETF (NYSEARCA:OEF)

Optivise Advisory Services LLC acquired a new position in iShares S&P 100 ETF (NYSEARCA:OEF) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,086 shares of the company’s stock, valued at approximately $1,684,000. iShares S&P 100 ETF makes up approximately 0.9% of Optivise Advisory Services LLC’s portfolio, making the stock its 28th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Hershey Financial Advisers LLC acquired a new position in iShares S&P 100 ETF in the second quarter valued at approximately $29,000. NBT Bank N A NY grew its stake in shares of iShares S&P 100 ETF by 1,542.9% in the 2nd quarter. NBT Bank N A NY now owns 115 shares of the company’s stock valued at $30,000 after buying an additional 108 shares during the period. Cullen Frost Bankers Inc. bought a new stake in iShares S&P 100 ETF in the 2nd quarter valued at about $37,000. Sugarloaf Wealth Management LLC raised its stake in iShares S&P 100 ETF by 66.4% during the 2nd quarter. Sugarloaf Wealth Management LLC now owns 203 shares of the company’s stock worth $54,000 after buying an additional 81 shares during the period. Finally, Eastern Bank acquired a new stake in iShares S&P 100 ETF in the third quarter valued at approximately $69,000.

iShares S&P 100 ETF Stock Up 0.1 %

Shares of NYSEARCA:OEF opened at $286.88 on Friday. The stock’s 50 day moving average is $279.94 and its 200-day moving average is $268.22. iShares S&P 100 ETF has a twelve month low of $213.40 and a twelve month high of $290.50. The firm has a market capitalization of $13.83 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04.

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.