Providence First Trust Co Lowers Position in iShares S&P 100 ETF $OEF

Providence First Trust Co decreased its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 39.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,905 shares of the company’s stock after selling 3,793 shares during the period. Providence First Trust Co’s holdings in iShares S&P 100 ETF were worth $2,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OEF. B. Riley Wealth Advisors Inc. raised its holdings in iShares S&P 100 ETF by 37.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 14,479 shares of the company’s stock valued at $4,819,000 after acquiring an additional 3,910 shares during the period. Detalus Advisors LLC boosted its stake in iShares S&P 100 ETF by 19.3% in the 3rd quarter. Detalus Advisors LLC now owns 73,164 shares of the company’s stock worth $24,352,000 after purchasing an additional 11,852 shares during the period. Apex Wealth Management LLC bought a new stake in shares of iShares S&P 100 ETF during the third quarter valued at approximately $1,062,000. Capital Investment Advisors LLC purchased a new position in shares of iShares S&P 100 ETF in the third quarter worth $548,000. Finally, Affinity Capital Advisors LLC boosted its position in shares of iShares S&P 100 ETF by 3.8% during the fourth quarter. Affinity Capital Advisors LLC now owns 49,121 shares of the company’s stock worth $16,847,000 after acquiring an additional 1,787 shares during the last quarter.

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA OEF opened at $358.11 on Wednesday. The company has a market cap of $19.77 billion, a P/E ratio of 27.17 and a beta of 1.02. The firm’s fifty day moving average is $333.50 and its two-hundred day moving average is $338.50. iShares S&P 100 ETF has a 52-week low of $269.21 and a 52-week high of $358.84.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.