D.A. Davidson & CO. Makes New Investment in iShares S&P 100 ETF $OEF

D.A. Davidson & CO. bought a new position in iShares S&P 100 ETF (NYSEARCA:OEF) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 22,848 shares of the company’s stock, valued at approximately $8,730,000.

Other hedge funds have also modified their holdings of the company. Sequoia Financial Advisors LLC raised its holdings in iShares S&P 100 ETF by 358.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 9,198 shares of the company’s stock worth $3,365,000 after buying an additional 7,190 shares during the period. Ameritas Advisory Services LLC boosted its holdings in shares of iShares S&P 100 ETF by 158.4% in the second quarter. Ameritas Advisory Services LLC now owns 5,409 shares of the company’s stock worth $1,979,000 after buying an additional 3,316 shares during the period. Optiver Holding B.V. acquired a new position in shares of iShares S&P 100 ETF in the first quarter worth about $1,672,000. Compass Financial Management LLC acquired a new position in shares of iShares S&P 100 ETF in the second quarter worth about $935,000. Finally, Madrona Financial Services LLC purchased a new position in shares of iShares S&P 100 ETF in the third quarter worth approximately $3,371,000.

iShares S&P 100 ETF Price Performance

OEF stock opened at $373.36 on Friday. iShares S&P 100 ETF has a 52-week low of $306.84 and a 52-week high of $390.69. The company’s 50 day simple moving average is $382.04 and its 200-day simple moving average is $360.23. The firm has a market capitalization of $20.07 billion, a P/E ratio of 27.17 and a beta of 1.03.

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