NewEdge Advisors LLC Sells 43,602 Shares of iShares S&P 100 ETF $OEF

NewEdge Advisors LLC cut its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 46.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 50,754 shares of the company’s stock after selling 43,602 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares S&P 100 ETF were worth $18,569,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Swmg LLC increased its holdings in iShares S&P 100 ETF by 5.8% in the fourth quarter. Swmg LLC now owns 45,253 shares of the company’s stock valued at $15,459,000 after purchasing an additional 2,481 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares S&P 100 ETF by 203.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,282,015 shares of the company’s stock valued at $439,693,000 after buying an additional 859,264 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares S&P 100 ETF by 15.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 160,667 shares of the company’s stock valued at $55,104,000 after buying an additional 21,428 shares during the period. Vantus Wealth LLC acquired a new stake in shares of iShares S&P 100 ETF in the fourth quarter valued at about $1,697,000. Finally, Vise Technologies Inc. increased its stake in shares of iShares S&P 100 ETF by 60.5% in the fourth quarter. Vise Technologies Inc. now owns 23,086 shares of the company’s stock valued at $7,918,000 after buying an additional 8,705 shares during the period.

iShares S&P 100 ETF Price Performance

Shares of OEF opened at $377.20 on Friday. The business has a 50-day moving average of $374.85 and a 200-day moving average of $358.25. The company has a market capitalization of $20.24 billion, a price-to-earnings 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 $385.05.

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.