Signet Financial Management LLC Cuts Stock Holdings in iShares S&P 100 ETF $OEF

Signet Financial Management LLC trimmed its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 84.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,700 shares of the company’s stock after selling 14,682 shares during the period. Signet Financial Management LLC’s holdings in iShares S&P 100 ETF were worth $859,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of OEF. Bank of America Corp DE lifted its position in iShares S&P 100 ETF by 2.6% during the second quarter. Bank of America Corp DE now owns 6,572,075 shares of the company’s stock valued at $2,000,211,000 after purchasing an additional 168,990 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares S&P 100 ETF by 6.9% in the 4th quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock worth $1,553,746,000 after buying an additional 290,930 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares S&P 100 ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 2,791,323 shares of the company’s stock worth $957,340,000 after buying an additional 110,536 shares during the last quarter. Fifth Third Bancorp raised its position in shares of iShares S&P 100 ETF by 1.3% during the 1st quarter. Fifth Third Bancorp now owns 2,582,609 shares of the company’s stock valued at $821,451,000 after buying an additional 33,445 shares in the last quarter. Finally, Morgan Stanley raised its holdings in shares of iShares S&P 100 ETF by 6.1% during the 4th quarter. Morgan Stanley now owns 2,555,823 shares of the company’s stock valued at $876,571,000 after buying an additional 147,326 shares in the last quarter.

iShares S&P 100 ETF Price Performance

NYSEARCA:OEF opened at $373.90 on Thursday. The company has a market capitalization of $20.53 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. The business has a 50 day moving average of $368.34 and a 200 day moving average of $348.34. iShares S&P 100 ETF has a 1-year low of $305.92 and a 1-year high of $379.02.

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.