Osaic Holdings Inc. Boosts Holdings in iShares S&P 100 ETF to Over $36 Million

Osaic Holdings Inc. has significantly increased its investment in the iShares S&P 100 ETF (NYSEARCA:OEF), enhancing its stake by 21.9% during the second quarter, as reported by the most recent Form 13F filing with the Securities and Exchange Commission (SEC). This adjustment led the institutional investor to possess 195,684 shares in the company following the purchase of an additional 35,118 shares over the quarter. Osaic Holdings Inc. now holds approximately 0.49% of the iShares S&P 100 ETF, valued at $36.86 million at the close of the reporting period.

Other major investors have also been active with iShares S&P 100 ETF. Notably, Bank of New York Mellon Corp raised its holdings by 2.5% in the first quarter, acquiring an additional 734 shares, bringing their total to 30,538 shares valued at $6.37 million. Similar investment shifts were observed with Baird Financial Group and Oxford Financial Group, both of which established new positions in the iShares S&P 100 ETF during the first quarter, worth about $261,000 and $115,000, respectively. In addition, Equitable Holdings increased its shares by 25.2% in the first quarter, now owning 5,012 shares with a value of $1.05 million after purchasing an extra 1,010 shares. Laurel Wealth Advisors Inc. also took on new shares in the ETF in the first quarter, amounting to a value of $432,000.

Performance of iShares S&P 100 ETF Stock

The iShares S&P 100 ETF stock commenced trading at $214.76 on Wednesday. It maintains a fifty day moving average price of $204.48 and a two-hundred day moving average price of $204.43. The ETF has a market capitalization of $8.64 billion, showing a PE ratio of 18.54 with a beta of 0.99. Over the past fifty-two weeks, the ETF has witnessed a low of $167.20 and a high of $215.83.

About iShares S&P 100 ETF

The iShares S&P 100 ETF, originally known as the iShares S&P 100 Index Fund, is an exchange-traded fund seeking to mirror the performance of the S&P 100 Index. This Index is a gauge of large-cap U.S. equity market performance and is composed of blue-chip stocks across various industries within the S&P 500 Index.

Osaic, iShares, Investment