World Equity Group Inc. Has $1.55 Million Position in iShares S&P 100 ETF $OEF

World Equity Group Inc. lifted its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 107.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 4,670 shares of the company’s stock after buying an additional 2,424 shares during the period. World Equity Group Inc.’s holdings in iShares S&P 100 ETF were worth $1,554,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Capital Investment Advisors LLC bought a new stake in iShares S&P 100 ETF during the third quarter worth about $548,000. Apex Wealth Management LLC acquired a new position in shares of iShares S&P 100 ETF during the 3rd quarter worth approximately $1,062,000. Duncker Streett & Co. Inc. bought a new stake in shares of iShares S&P 100 ETF during the 3rd quarter worth approximately $246,000. Legacy Wealth Management LLC MS boosted its holdings in shares of iShares S&P 100 ETF by 10.1% in the 3rd quarter. Legacy Wealth Management LLC MS now owns 2,150 shares of the company’s stock valued at $716,000 after buying an additional 197 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC grew its stake in shares of iShares S&P 100 ETF by 35.0% in the third quarter. Kingswood Wealth Advisors LLC now owns 3,364 shares of the company’s stock valued at $1,120,000 after buying an additional 872 shares in the last quarter.

iShares S&P 100 ETF Trading Up 0.5%

Shares of OEF opened at $346.07 on Friday. The company’s fifty day simple moving average is $341.95 and its 200 day simple moving average is $328.67. iShares S&P 100 ETF has a 1-year low of $232.57 and a 1-year high of $349.08. The company has a market cap of $29.45 billion, a price-to-earnings ratio of 27.17 and a beta of 1.00.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.