NewEdge Advisors LLC Decreases Position in iShares S&P 100 ETF $OEF

NewEdge Advisors LLC lessened its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 80.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 94,356 shares of the company’s stock after selling 387,859 shares during the period. NewEdge Advisors LLC’s holdings in iShares S&P 100 ETF were worth $30,012,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Aviance Capital Partners LLC increased its holdings in iShares S&P 100 ETF by 0.3% in the fourth quarter. Aviance Capital Partners LLC now owns 10,574 shares of the company’s stock valued at $3,627,000 after buying an additional 30 shares in the last quarter. PFG Advisors boosted its stake in shares of iShares S&P 100 ETF by 1.9% during the 4th quarter. PFG Advisors now owns 1,869 shares of the company’s stock worth $641,000 after acquiring an additional 34 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of iShares S&P 100 ETF by 1.0% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 3,610 shares of the company’s stock valued at $1,238,000 after acquiring an additional 35 shares during the period. Beacon Bridge Wealth Partners LLC grew its position in shares of iShares S&P 100 ETF by 2.0% during the 4th quarter. Beacon Bridge Wealth Partners LLC now owns 1,793 shares of the company’s stock valued at $615,000 after acquiring an additional 35 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its stake in shares of iShares S&P 100 ETF by 2.0% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 1,774 shares of the company’s stock valued at $564,000 after purchasing an additional 35 shares in the last quarter.

iShares S&P 100 ETF Trading Up 0.5%

NYSEARCA OEF opened at $383.05 on Friday. The stock has a market capitalization of $20.55 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a twelve month low of $306.84 and a twelve month high of $384.82. The stock has a 50-day moving average of $368.17 and a 200 day moving average of $351.35.

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.