Sovereign Financial Group Inc. Increases Stock Position in iShares S&P 100 ETF $OEF

Sovereign Financial Group Inc. grew its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 1.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,370 shares of the company’s stock after buying an additional 63 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares S&P 100 ETF were worth $1,026,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 100 ETF by 499.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,102,712 shares of the company’s stock valued at $1,111,138,000 after buying an additional 3,418,304 shares during the period. Fifth Third Bancorp lifted its holdings in shares of iShares S&P 100 ETF by 9.6% during the 2nd quarter. Fifth Third Bancorp now owns 2,682,128 shares of the company’s stock valued at $816,306,000 after acquiring an additional 234,339 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares S&P 100 ETF by 43.1% during the 1st quarter. JPMorgan Chase & Co. now owns 2,036,782 shares of the company’s stock valued at $551,622,000 after acquiring an additional 613,679 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares S&P 100 ETF by 2.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,980,162 shares of the company’s stock valued at $533,130,000 after acquiring an additional 55,193 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of iShares S&P 100 ETF by 126.3% during the 1st quarter. LPL Financial LLC now owns 1,798,912 shares of the company’s stock valued at $487,199,000 after acquiring an additional 1,003,899 shares in the last quarter.

iShares S&P 100 ETF Trading Down 2.8%

NYSEARCA:OEF opened at $326.65 on Friday. The firm has a market capitalization of $27.18 billion, a price-to-earnings ratio of 27.17 and a beta of 0.99. The firm’s fifty day simple moving average is $324.61 and its 200 day simple moving average is $299.15. iShares S&P 100 ETF has a twelve month low of $232.57 and a twelve month high of $337.67.

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.