Raymond James Financial Inc. Invests $91.97 Million in iShares S&P 100 ETF (NYSEARCA:OEF)

Raymond James Financial Inc. acquired a new position in iShares S&P 100 ETF (NYSEARCA:OEF) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 318,399 shares of the company’s stock, valued at approximately $91,970,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Dana Investment Advisors Inc. bought a new stake in shares of iShares S&P 100 ETF in the 4th quarter valued at about $2,694,000. Atria Investments Inc lifted its stake in shares of iShares S&P 100 ETF by 1.8% in the 4th quarter. Atria Investments Inc now owns 3,685 shares of the company’s stock valued at $1,064,000 after acquiring an additional 65 shares during the last quarter. Assetmark Inc. lifted its stake in shares of iShares S&P 100 ETF by 19.5% in the 4th quarter. Assetmark Inc. now owns 6,188 shares of the company’s stock valued at $1,787,000 after acquiring an additional 1,010 shares during the last quarter. Keybank National Association OH lifted its stake in shares of iShares S&P 100 ETF by 4.9% in the 4th quarter. Keybank National Association OH now owns 56,949 shares of the company’s stock valued at $16,450,000 after acquiring an additional 2,676 shares during the last quarter. Finally, Synergy Investment Management LLC bought a new stake in shares of iShares S&P 100 ETF in the 4th quarter valued at about $507,000.

iShares S&P 100 ETF Trading Up 0.5 %

NYSEARCA OEF opened at $280.51 on Monday. iShares S&P 100 ETF has a 1-year low of $233.95 and a 1-year high of $300.35. The stock has a 50-day moving average of $292.05 and a 200-day moving average of $285.08. The firm has a market cap of $16.91 billion, a PE ratio of 26.23 and a beta of 0.99.

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.