M&T Bank Corp Cuts Stock Holdings in iShares S&P 100 ETF $OEF

M&T Bank Corp lowered its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 14.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,313 shares of the company’s stock after selling 8,500 shares during the period. M&T Bank Corp’s holdings in iShares S&P 100 ETF were worth $17,256,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. boosted its stake in iShares S&P 100 ETF by 74.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 82 shares of the company’s stock valued at $27,000 after purchasing an additional 35 shares during the last quarter. Phillips Financial Management LLC purchased a new position in shares of iShares S&P 100 ETF in the third quarter worth $30,000. Lodestone Wealth Management LLC bought a new position in shares of iShares S&P 100 ETF during the fourth quarter valued at $34,000. Sage Mountain Advisors LLC lifted its holdings in shares of iShares S&P 100 ETF by 125.5% during the third quarter. Sage Mountain Advisors LLC now owns 106 shares of the company’s stock valued at $35,000 after purchasing an additional 59 shares in the last quarter. Finally, Optima Capital LLC purchased a new stake in shares of iShares S&P 100 ETF during the fourth quarter valued at $39,000.

iShares S&P 100 ETF Stock Performance

NYSEARCA OEF opened at $355.22 on Tuesday. iShares S&P 100 ETF has a one year low of $269.21 and a one year high of $358.84. The stock has a 50-day moving average of $333.09 and a 200 day moving average of $338.32. The company has a market capitalization of $19.61 billion, a price-to-earnings ratio of 27.17 and a beta of 1.02.

About iShares S&P 100 ETF

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.