Financial Advocates Investment Management Lowers Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Financial Advocates Investment Management trimmed its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 30.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,491 shares of the company’s stock after selling 1,527 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares S&P 100 ETF were worth $1,008,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. New Wave Wealth Advisors LLC purchased a new position in shares of iShares S&P 100 ETF during the fourth quarter worth about $36,000. Hantz Financial Services Inc. lifted its position in iShares S&P 100 ETF by 96.7% during 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 last quarter. Geneos Wealth Management Inc. grew its stake in iShares S&P 100 ETF by 274.1% in the 4th 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. Heck Capital Advisors LLC bought a new position in shares of iShares S&P 100 ETF in the 4th quarter worth $68,000. Finally, Eastern Bank bought a new position in shares of iShares S&P 100 ETF in the 3rd quarter worth $69,000.

iShares S&P 100 ETF Stock Performance

NYSEARCA OEF opened at $293.51 on Friday. iShares S&P 100 ETF has a 52-week low of $233.68 and a 52-week high of $299.45. The company has a fifty day moving average of $293.05 and a 200-day moving average of $280.33. The company has a market capitalization of $14.15 billion, a P/E ratio of 28.76 and a beta of 1.04.

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.