WealthShield Partners LLC Trims Position in iShares S&P 100 ETF $OEF

WealthShield Partners LLC decreased its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 86.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,570 shares of the company’s stock after selling 28,494 shares during the period. WealthShield Partners LLC’s holdings in iShares S&P 100 ETF were worth $1,454,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlueCrest Capital Management Ltd purchased a new stake in iShares S&P 100 ETF during the 3rd quarter valued at approximately $307,934,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares S&P 100 ETF by 203.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,282,015 shares of the company’s stock valued at $439,693,000 after purchasing an additional 859,264 shares during the last quarter. Quantum Financial Advisors LLC acquired a new position in shares of iShares S&P 100 ETF in the fourth quarter valued at approximately $125,913,000. LPL Financial LLC increased its holdings in shares of iShares S&P 100 ETF by 6.9% in the fourth quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock valued at $1,553,746,000 after purchasing an additional 290,930 shares during the period. Finally, Orion Porfolio Solutions LLC raised its stake in shares of iShares S&P 100 ETF by 1,097.1% during the second quarter. Orion Porfolio Solutions LLC now owns 315,175 shares of the company’s stock worth $95,924,000 after purchasing an additional 288,847 shares during the last quarter.

iShares S&P 100 ETF Stock Up 0.6%

Shares of NYSEARCA OEF traded up $2.10 during mid-day trading on Friday, hitting $372.31. 397,481 shares of the company were exchanged, compared to its average volume of 942,764. The stock has a 50 day simple moving average of $367.60 and a 200-day simple moving average of $347.78. iShares S&P 100 ETF has a 1-year low of $305.89 and a 1-year high of $379.02. The firm has a market cap of $20.44 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.