IFP Advisors Inc Reduces Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

IFP Advisors Inc cut its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 2.7% in the 4th quarter, HoldingsChannel reports. The fund owned 99,630 shares of the company’s stock after selling 2,810 shares during the quarter. iShares S&P 100 ETF accounts for 0.9% of IFP Advisors Inc’s portfolio, making the stock its 11th biggest position. IFP Advisors Inc’s holdings in iShares S&P 100 ETF were worth $28,778,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of OEF. International Assets Investment Management LLC boosted its holdings in iShares S&P 100 ETF by 31,481.5% during the 3rd quarter. International Assets Investment Management LLC now owns 374,872 shares of the company’s stock valued at $103,750,000 after acquiring an additional 373,685 shares during the period. Kovitz Investment Group Partners LLC lifted its holdings in iShares S&P 100 ETF by 8,529.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock worth $103,375,000 after buying an additional 371,267 shares during the period. Strategic Financial Concepts LLC lifted its holdings in iShares S&P 100 ETF by 28,806.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 228,936 shares of the company’s stock worth $66,128,000 after buying an additional 228,144 shares during the period. Quantum Financial Advisors LLC purchased a new stake in iShares S&P 100 ETF in the 4th quarter worth approximately $62,836,000. Finally, Lockheed Martin Investment Management Co. purchased a new stake in iShares S&P 100 ETF in the 4th quarter worth approximately $39,110,000.

iShares S&P 100 ETF Stock Performance

NYSEARCA OEF opened at $294.16 on Monday. iShares S&P 100 ETF has a fifty-two week low of $233.95 and a fifty-two week high of $300.35. The stock has a 50 day simple moving average of $293.70 and a two-hundred day simple moving average of $283.54. The stock has a market cap of $15.27 billion, a P/E ratio of 28.56 and a beta of 0.99.

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.