Transcend Capital Advisors LLC Trims Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Transcend Capital Advisors LLC cut its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 5.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,917 shares of the company’s stock after selling 103 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares S&P 100 ETF were worth $554,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in OEF. International Assets Investment Management LLC grew its stake in iShares S&P 100 ETF by 31,481.5% in the third quarter. International Assets Investment Management LLC now owns 374,872 shares of the company’s stock worth $103,750,000 after purchasing an additional 373,685 shares during the period. Kovitz Investment Group Partners LLC grew its stake in iShares S&P 100 ETF by 8,529.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock worth $103,375,000 after purchasing an additional 371,267 shares during the period. Strategic Financial Concepts LLC grew its stake in iShares S&P 100 ETF by 28,806.1% in the fourth quarter. Strategic Financial Concepts LLC now owns 228,936 shares of the company’s stock worth $66,128,000 after purchasing an additional 228,144 shares during the period. Quantum Financial Advisors LLC purchased a new stake in iShares S&P 100 ETF in the fourth quarter worth $62,836,000. Finally, Lockheed Martin Investment Management Co. purchased a new stake in iShares S&P 100 ETF in the fourth quarter worth $39,110,000.

iShares S&P 100 ETF Stock Down 1.6 %

Shares of OEF stock opened at $294.16 on Friday. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 28.56 and a beta of 0.99. The business’s fifty day moving average is $293.70 and its 200 day moving average is $283.07. iShares S&P 100 ETF has a twelve month low of $233.95 and a twelve month high of $300.35.

iShares S&P 100 ETF 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.