Raymond James & Associates Has $19.48 Million Stock Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Raymond James & Associates trimmed its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 2.3% in the third quarter, Holdings Channel.com reports. The firm owned 70,396 shares of the company’s stock after selling 1,656 shares during the period. Raymond James & Associates’ holdings in iShares S&P 100 ETF were worth $19,483,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp lifted its stake in shares of iShares S&P 100 ETF by 1.9% in the 2nd quarter. Fifth Third Bancorp now owns 2,342,784 shares of the company’s stock valued at $619,198,000 after purchasing an additional 43,084 shares during the period. Sigma Investment Counselors Inc. lifted its stake in iShares S&P 100 ETF by 6.8% in the second quarter. Sigma Investment Counselors Inc. now owns 1,322,000 shares of the company’s stock valued at $349,405,000 after buying an additional 84,738 shares during the period. Merriman Wealth Management LLC boosted its holdings in iShares S&P 100 ETF by 1.1% during the second quarter. Merriman Wealth Management LLC now owns 751,929 shares of the company’s stock worth $198,735,000 after buying an additional 8,108 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares S&P 100 ETF by 5.7% in the 2nd quarter. LPL Financial LLC now owns 659,918 shares of the company’s stock valued at $174,416,000 after acquiring an additional 35,340 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 100 ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 616,360 shares of the company’s stock valued at $162,904,000 after acquiring an additional 35,071 shares during the last quarter.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock opened at $280.75 on Friday. The firm has a market capitalization of $13.53 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. The company’s 50 day simple moving average is $273.19 and its 200 day simple moving average is $261.91. iShares S&P 100 ETF has a fifty-two week low of $193.00 and a fifty-two week high of $283.40.

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.