BLB&B Advisors LLC Decreases Stake in iShares S&P 100 ETF $OEF

BLB&B Advisors LLC lowered its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 37.8% during the second quarter, HoldingsChannel reports. The firm owned 1,872 shares of the company’s stock after selling 1,137 shares during the period. BLB&B Advisors LLC’s holdings in iShares S&P 100 ETF were worth $570,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bogart Wealth LLC lifted its holdings in iShares S&P 100 ETF by 217.2% in the 2nd quarter. Bogart Wealth LLC now owns 92 shares of the company’s stock valued at $28,000 after purchasing an additional 63 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of iShares S&P 100 ETF by 958.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 127 shares of the company’s stock worth $33,000 after acquiring an additional 115 shares during the period. Beacon Capital Management LLC purchased a new position in shares of iShares S&P 100 ETF during the 2nd quarter worth $37,000. Quest 10 Wealth Builders Inc. raised its holdings in shares of iShares S&P 100 ETF by 74.7% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 145 shares of the company’s stock worth $39,000 after acquiring an additional 62 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares S&P 100 ETF by 126.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 136 shares of the company’s stock worth $41,000 after acquiring an additional 76 shares during the period.

iShares S&P 100 ETF Stock Down 1.2%

NYSEARCA OEF opened at $344.21 on Friday. iShares S&P 100 ETF has a 52 week low of $232.57 and a 52 week high of $349.08. The business’s fifty day simple moving average is $330.46 and its 200-day simple moving average is $306.75. The firm has a market cap of $29.07 billion, a PE ratio of 27.17 and a beta of 1.00.

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.