iShares S&P 100 ETF $OEF Shares Sold by Royal Bank of Canada

Royal Bank of Canada lowered its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 23.9% in the first quarter, Holdings Channel.com reports. The firm owned 226,754 shares of the company’s stock after selling 71,299 shares during the period. Royal Bank of Canada’s holdings in iShares S&P 100 ETF were worth $72,125,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of OEF. Empowered Funds LLC grew its stake in shares of iShares S&P 100 ETF by 0.7% during the 1st quarter. Empowered Funds LLC now owns 78,138 shares of the company’s stock valued at $24,853,000 after buying an additional 524 shares during the period. Compound Planning Inc. raised its holdings in shares of iShares S&P 100 ETF by 3.4% during the 1st quarter. Compound Planning Inc. now owns 1,848 shares of the company’s stock valued at $588,000 after buying an additional 60 shares during the period. Klingman & Associates LLC raised its stake in shares of iShares S&P 100 ETF by 4.1% during the first quarter. Klingman & Associates LLC now owns 7,144 shares of the company’s stock valued at $2,272,000 after purchasing an additional 283 shares during the period. NewEdge Wealth LLC increased its stake in iShares S&P 100 ETF by 30.1% during the 1st quarter. NewEdge Wealth LLC now owns 17,596 shares of the company’s stock worth $5,597,000 after buying an additional 4,073 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 100 ETF by 1.5% in the first quarter. PNC Financial Services Group Inc. now owns 441,595 shares of the company’s stock worth $140,458,000 after acquiring an additional 6,317 shares in the last quarter.

iShares S&P 100 ETF Stock Up 0.9%

Shares of OEF opened at $369.03 on Friday. The firm has a market cap of $19.82 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. The business’s 50 day moving average is $367.58 and its two-hundred day moving average is $350.10. iShares S&P 100 ETF has a 52-week low of $306.18 and a 52-week high of $379.02.

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.