Canal Capital Management LLC Sells 27,436 Shares of iShares S&P 100 ETF $OEF

Canal Capital Management LLC decreased its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 68.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 12,864 shares of the company’s stock after selling 27,436 shares during the period. Canal Capital Management LLC’s holdings in iShares S&P 100 ETF were worth $4,092,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its stake in iShares S&P 100 ETF by 4.0% in the third quarter. Bank of America Corp DE now owns 6,834,483 shares of the company’s stock valued at $2,274,789,000 after buying an additional 262,408 shares during the period. LPL Financial LLC raised its position in shares of iShares S&P 100 ETF by 6.9% in the 4th quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock valued at $1,553,746,000 after acquiring an additional 290,930 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares S&P 100 ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 2,791,323 shares of the company’s stock valued at $957,340,000 after acquiring an additional 110,536 shares during the period. Morgan Stanley boosted its stake in iShares S&P 100 ETF by 6.1% during the 4th quarter. Morgan Stanley now owns 2,555,823 shares of the company’s stock worth $876,571,000 after acquiring an additional 147,326 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares S&P 100 ETF by 203.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,282,015 shares of the company’s stock worth $439,693,000 after acquiring an additional 859,264 shares during the last quarter.

iShares S&P 100 ETF Stock Performance

Shares of iShares S&P 100 ETF stock opened at $366.08 on Friday. The company has a market capitalization of $20.04 billion, a PE ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 12 month low of $304.12 and a 12 month high of $379.02. The stock’s fifty day simple moving average is $365.81 and its 200 day simple moving average is $346.72.

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.