Northwestern Mutual Wealth Management Co. Boosts Holdings in iShares S&P 100 ETF $OEF

Northwestern Mutual Wealth Management Co. grew its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 203.3% during the fourth quarter, HoldingsChannel reports. The firm owned 1,282,015 shares of the company’s stock after buying an additional 859,264 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P 100 ETF were worth $439,693,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in OEF. B. Riley Wealth Advisors Inc. boosted its holdings in iShares S&P 100 ETF by 37.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 14,479 shares of the company’s stock worth $4,819,000 after purchasing an additional 3,910 shares during the period. Detalus Advisors LLC boosted its holdings in shares of iShares S&P 100 ETF by 19.3% during the third quarter. Detalus Advisors LLC now owns 73,164 shares of the company’s stock valued at $24,352,000 after acquiring an additional 11,852 shares during the period. Affinity Capital Advisors LLC boosted its holdings in shares of iShares S&P 100 ETF by 3.8% during the fourth quarter. Affinity Capital Advisors LLC now owns 49,121 shares of the company’s stock valued at $16,847,000 after acquiring an additional 1,787 shares during the period. Assetmark Inc. boosted its holdings in shares of iShares S&P 100 ETF by 53.7% during the third quarter. Assetmark Inc. now owns 34,655 shares of the company’s stock valued at $11,535,000 after acquiring an additional 12,105 shares during the period. Finally, Braun Bostich & Associates Inc. boosted its holdings in shares of iShares S&P 100 ETF by 115.9% during the third quarter. Braun Bostich & Associates Inc. now owns 13,893 shares of the company’s stock valued at $4,624,000 after acquiring an additional 7,458 shares during the period.

iShares S&P 100 ETF Stock Performance

Shares of OEF opened at $369.36 on Friday. iShares S&P 100 ETF has a 1 year low of $280.67 and a 1 year high of $374.64. The company has a market cap of $20.39 billion, a price-to-earnings ratio of 27.17 and a beta of 1.02. The firm has a fifty day moving average of $338.66 and a 200-day moving average of $340.31.

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.