NewEdge Advisors LLC Sells 387,859 Shares of iShares S&P 100 ETF $OEF

NewEdge Advisors LLC decreased its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 80.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 94,356 shares of the company’s stock after selling 387,859 shares during the period. NewEdge Advisors LLC owned about 0.17% of iShares S&P 100 ETF worth $30,012,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Turtle Creek Wealth Advisors LLC boosted its stake in iShares S&P 100 ETF by 192.0% during the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 6,292 shares of the company’s stock worth $2,158,000 after acquiring an additional 4,137 shares in the last quarter. Kestra Private Wealth Services LLC increased its stake in shares of iShares S&P 100 ETF by 40.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 62,574 shares of the company’s stock valued at $21,461,000 after purchasing an additional 18,076 shares in the last quarter. J.M. Arbour LLC purchased a new position in shares of iShares S&P 100 ETF during the fourth quarter valued at approximately $2,597,000. Apollon Wealth Management LLC lifted its holdings in shares of iShares S&P 100 ETF by 33.4% during the fourth quarter. Apollon Wealth Management LLC now owns 34,723 shares of the company’s stock valued at $11,909,000 after purchasing an additional 8,690 shares during the last quarter. Finally, Northland Securities Inc. bought a new stake in shares of iShares S&P 100 ETF in the 4th quarter worth approximately $531,000.

iShares S&P 100 ETF Stock Up 0.5%

iShares S&P 100 ETF stock opened at $383.05 on Friday. The company has a market capitalization of $20.55 billion, a P/E ratio of 27.17 and a beta of 1.03. The stock’s 50 day moving average is $368.17 and its 200 day moving average is $351.35. iShares S&P 100 ETF has a twelve month low of $306.84 and a twelve month high of $384.82.

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.