Islay Capital Management LLC Lowers Stock Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Islay Capital Management LLC trimmed its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 19.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 250 shares of the company’s stock after selling 60 shares during the quarter. Islay Capital Management LLC’s holdings in iShares S&P 100 ETF were worth $69,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hershey Financial Advisers LLC bought a new stake in iShares S&P 100 ETF during the second quarter valued at about $29,000. NBT Bank N A NY raised its stake in iShares S&P 100 ETF by 1,542.9% during the 2nd quarter. NBT Bank N A NY now owns 115 shares of the company’s stock valued at $30,000 after purchasing an additional 108 shares during the period. Cullen Frost Bankers Inc. bought a new stake in iShares S&P 100 ETF during the 2nd quarter valued at approximately $37,000. Sugarloaf Wealth Management LLC lifted its holdings in iShares S&P 100 ETF by 66.4% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 203 shares of the company’s stock worth $54,000 after purchasing an additional 81 shares in the last quarter. Finally, Eastern Bank bought a new position in iShares S&P 100 ETF in the 3rd quarter worth approximately $69,000.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock opened at $283.56 on Monday. iShares S&P 100 ETF has a 1 year low of $212.37 and a 1 year high of $290.50. The firm’s 50 day moving average price is $278.01 and its 200-day moving average price is $267.07. The stock has a market cap of $13.67 billion, a P/E ratio of 28.76 and a beta of 1.04.

iShares S&P 100 ETF Company 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.