Confluence Wealth Services Inc. Buys 3,000 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Confluence Wealth Services Inc. raised its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 122.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,448 shares of the company’s stock after acquiring an additional 3,000 shares during the quarter. Confluence Wealth Services Inc.’s holdings in iShares S&P 100 ETF were worth $1,626,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Berkshire Money Management Inc. purchased a new stake in iShares S&P 100 ETF in the fourth quarter worth $1,276,000. Lockheed Martin Investment Management Co. purchased a new stake in shares of iShares S&P 100 ETF in the 4th quarter worth about $39,110,000. Jackson Wealth Management LLC increased its stake in shares of iShares S&P 100 ETF by 8.8% in the 4th quarter. Jackson Wealth Management LLC now owns 54,842 shares of the company’s stock worth $15,841,000 after acquiring an additional 4,427 shares in the last quarter. Stratos Wealth Advisors LLC lifted its position in iShares S&P 100 ETF by 11.1% during the 4th quarter. Stratos Wealth Advisors LLC now owns 8,354 shares of the company’s stock valued at $2,413,000 after acquiring an additional 837 shares during the period. Finally, Trust Point Inc. lifted its position in iShares S&P 100 ETF by 1.9% during the 4th quarter. Trust Point Inc. now owns 4,472 shares of the company’s stock valued at $1,292,000 after acquiring an additional 82 shares during the period.

iShares S&P 100 ETF Stock Performance

Shares of OEF opened at $294.69 on Wednesday. The firm’s 50-day simple moving average is $292.63 and its two-hundred day simple moving average is $279.91. iShares S&P 100 ETF has a fifty-two week low of $233.41 and a fifty-two week high of $299.45. The stock has a market cap of $14.20 billion, a PE 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.