iShares S&P 100 ETF $OEF Stock: Manchester Capital Management LLC Cuts Stake

Manchester Capital Management LLC cut its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 93.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,054 shares of the company’s stock after selling 306,448 shares during the quarter. iShares S&P 100 ETF makes up approximately 1.1% of Manchester Capital Management LLC’s holdings, making the stock its 15th biggest position. Manchester Capital Management LLC’s holdings in iShares S&P 100 ETF were worth $8,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Asset Dedication LLC raised its stake in iShares S&P 100 ETF by 3.6% during the 1st quarter. Asset Dedication LLC now owns 1,048 shares of the company’s stock worth $333,000 after acquiring an additional 36 shares during the period. DKM Wealth Management Inc. lifted its holdings in iShares S&P 100 ETF by 2.0% during the third quarter. DKM Wealth Management Inc. now owns 1,863 shares of the company’s stock valued at $712,000 after purchasing an additional 36 shares in the last quarter. Parallel Advisors LLC lifted its holdings in iShares S&P 100 ETF by 0.4% during the first quarter. Parallel Advisors LLC now owns 10,746 shares of the company’s stock valued at $3,418,000 after purchasing an additional 40 shares in the last quarter. Optivise Advisory Services LLC boosted its position in shares of iShares S&P 100 ETF by 0.7% in the third quarter. Optivise Advisory Services LLC now owns 5,536 shares of the company’s stock worth $2,115,000 after purchasing an additional 41 shares during the period. Finally, Capital Square LLC boosted its position in shares of iShares S&P 100 ETF by 2.2% in the third quarter. Capital Square LLC now owns 1,990 shares of the company’s stock worth $761,000 after purchasing an additional 42 shares during the period.

iShares S&P 100 ETF Price Performance

OEF opened at $377.29 on Friday. The company has a 50 day simple moving average of $381.99 and a two-hundred day simple moving average of $370.33. The firm has a market cap of $20.22 billion, a P/E ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 1-year low of $306.84 and a 1-year high of $390.69.

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.