Concourse Financial Group Securities Inc. Cuts Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Concourse Financial Group Securities Inc. lowered its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 86.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,182 shares of the company’s stock after selling 13,676 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares S&P 100 ETF were worth $540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 100 ETF by 3,818.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,919,603 shares of the company’s stock valued at $875,600,000 after acquiring an additional 3,819,575 shares during the last quarter. Fifth Third Bancorp raised its stake in iShares S&P 100 ETF by 5.7% during the 1st quarter. Fifth Third Bancorp now owns 2,299,700 shares of the company’s stock valued at $568,969,000 after buying an additional 124,506 shares during the last quarter. Sigma Investment Counselors Inc. purchased a new stake in iShares S&P 100 ETF during the 1st quarter valued at $306,111,000. Morgan Stanley lifted its holdings in shares of iShares S&P 100 ETF by 1.4% during the 3rd quarter. Morgan Stanley now owns 1,067,518 shares of the company’s stock valued at $214,187,000 after buying an additional 14,774 shares during the period. Finally, CWM LLC boosted its stake in shares of iShares S&P 100 ETF by 78,201.6% in the 4th quarter. CWM LLC now owns 649,120 shares of the company’s stock worth $145,007,000 after buying an additional 648,291 shares during the last quarter.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock traded up $2.32 during mid-day trading on Friday, reaching $271.90. 201,766 shares of the stock traded hands, compared to its average volume of 305,547. iShares S&P 100 ETF has a 12-month low of $193.00 and a 12-month high of $271.91. The business’s 50-day moving average is $255.88 and its 200-day moving average is $242.83. The stock has a market capitalization of $13.11 billion, a PE ratio of 28.76 and a beta of 1.04.

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.