PMG Wealth Management Inc. Makes New $7.24 Million Investment in iShares S&P 100 ETF (NYSEARCA:OEF)

PMG Wealth Management Inc. bought a new stake in iShares S&P 100 ETF (NYSEARCA:OEF) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 25,049 shares of the company’s stock, valued at approximately $7,235,000. iShares S&P 100 ETF makes up about 6.6% of PMG Wealth Management Inc.’s portfolio, making the stock its 3rd largest holding. PMG Wealth Management Inc. owned about 0.05% of iShares S&P 100 ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Arlington Trust Co LLC purchased a new position in iShares S&P 100 ETF in the fourth quarter worth $29,000. New Wave Wealth Advisors LLC purchased a new position in shares of iShares S&P 100 ETF in the 4th quarter valued at about $36,000. DHJJ Financial Advisors Ltd. acquired a new stake in shares of iShares S&P 100 ETF in the fourth quarter valued at about $42,000. Hantz Financial Services Inc. lifted its stake in shares of iShares S&P 100 ETF by 96.7% in the third quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock valued at $49,000 after purchasing an additional 87 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in iShares S&P 100 ETF by 274.1% during the fourth quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock worth $63,000 after buying an additional 159 shares in the last quarter.

iShares S&P 100 ETF Trading Down 1.6 %

Shares of iShares S&P 100 ETF stock opened at $294.16 on Friday. The company has a 50-day moving average of $293.74 and a two-hundred day moving average of $282.75. iShares S&P 100 ETF has a 12-month low of $233.95 and a 12-month high of $300.35. The stock has a market cap of $15.27 billion, a PE ratio of 28.56 and a beta of 0.99.

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.