Nwam LLC Trims Stock Holdings in iShares S&P 100 ETF $OEF

Nwam LLC reduced its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 38.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,375 shares of the company’s stock after selling 3,384 shares during the period. Nwam LLC’s holdings in iShares S&P 100 ETF were worth $1,847,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OEF. Envestnet Asset Management Inc. grew its position in iShares S&P 100 ETF by 82.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,736,206 shares of the company’s stock worth $3,573,439,000 after purchasing an additional 4,846,586 shares during the period. BlueCrest Capital Management Ltd acquired a new stake in iShares S&P 100 ETF during the 3rd quarter worth about $307,934,000. JPMorgan Chase & Co. grew its position in iShares S&P 100 ETF by 27.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,680,787 shares of the company’s stock worth $892,274,000 after purchasing an additional 583,087 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in iShares S&P 100 ETF by 77.7% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 965,510 shares of the company’s stock worth $321,360,000 after purchasing an additional 422,198 shares during the period. Finally, Quantum Financial Advisors LLC acquired a new stake in iShares S&P 100 ETF during the 4th quarter worth about $125,913,000.

iShares S&P 100 ETF Stock Performance

Shares of OEF opened at $367.38 on Monday. The business’s 50-day moving average is $334.64 and its two-hundred day moving average is $338.95. The company has a market capitalization of $20.28 billion, a P/E ratio of 27.17 and a beta of 1.02. iShares S&P 100 ETF has a fifty-two week low of $272.84 and a fifty-two week high of $367.67.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.