Wedbush Securities Inc. Reduces Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Wedbush Securities Inc. cut its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 19.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,567 shares of the company’s stock after selling 3,680 shares during the quarter. Wedbush Securities Inc.’s holdings in iShares S&P 100 ETF were worth $4,497,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of OEF. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P 100 ETF by 8.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 684,408 shares of the company’s stock valued at $197,691,000 after acquiring an additional 51,218 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares S&P 100 ETF by 15.0% in the fourth quarter. Wells Fargo & Company MN now owns 701,241 shares of the company’s stock valued at $202,553,000 after acquiring an additional 91,705 shares in the last quarter. Smith Moore & CO. increased its position in iShares S&P 100 ETF by 10.3% during the fourth quarter. Smith Moore & CO. now owns 3,627 shares of the company’s stock worth $1,048,000 after buying an additional 339 shares during the period. Arete Wealth Advisors LLC raised its position in iShares S&P 100 ETF by 109.1% in the 4th quarter. Arete Wealth Advisors LLC now owns 3,601 shares of the company’s stock valued at $1,040,000 after purchasing an additional 1,879 shares during the last quarter. Finally, World Investment Advisors boosted its stake in shares of iShares S&P 100 ETF by 2.7% during the fourth quarter. World Investment Advisors now owns 1,412 shares of the company’s stock worth $408,000 after buying an additional 37 shares during the period.

iShares S&P 100 ETF Stock Performance

OEF stock opened at $244.18 on Friday. The company has a fifty day moving average of $284.14 and a 200-day moving average of $285.31. iShares S&P 100 ETF has a one year low of $233.95 and a one year high of $300.35. The stock has a market capitalization of $14.89 billion, a PE ratio of 25.84 and a beta of 0.99.

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.