9,833 Shares in iShares S&P 100 ETF $OEF Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) in the third quarter, HoldingsChannel.com reports. The firm acquired 9,833 shares of the company’s stock, valued at approximately $3,757,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC boosted its holdings in shares of iShares S&P 100 ETF by 358.1% during the second quarter. Sequoia Financial Advisors LLC now owns 9,198 shares of the company’s stock valued at $3,365,000 after acquiring an additional 7,190 shares during the period. Ameritas Advisory Services LLC increased its holdings in shares of iShares S&P 100 ETF by 158.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 5,409 shares of the company’s stock worth $1,979,000 after acquiring an additional 3,316 shares during the period. Optiver Holding B.V. acquired a new stake in shares of iShares S&P 100 ETF in the 1st quarter worth about $1,672,000. Venturi Wealth Management LLC increased its holdings in shares of iShares S&P 100 ETF by 161.9% in the 1st quarter. Venturi Wealth Management LLC now owns 8,137 shares of the company’s stock worth $2,588,000 after acquiring an additional 5,030 shares during the period. Finally, Compass Financial Management LLC bought a new stake in iShares S&P 100 ETF in the 2nd quarter valued at about $935,000.

iShares S&P 100 ETF Stock Down 0.6%

Shares of NYSEARCA:OEF opened at $377.29 on Friday. The company’s 50-day moving average price is $381.99 and its 200 day moving average price is $370.33. The company has a market cap of $20.22 billion, a PE ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a fifty-two week low of $306.84 and a fifty-two week high of $390.69.

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