Grove Bank & Trust Lowers Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Grove Bank & Trust decreased its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 21.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 573 shares of the company’s stock after selling 153 shares during the period. Grove Bank & Trust’s holdings in iShares S&P 100 ETF were worth $159,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of OEF. Strategic Financial Concepts LLC purchased a new stake in shares of iShares S&P 100 ETF during the 2nd quarter worth about $545,000. Sanctuary Advisors LLC purchased a new stake in iShares S&P 100 ETF during the second quarter worth approximately $36,855,000. Sigma Investment Counselors Inc. increased its position in shares of iShares S&P 100 ETF by 6.8% in the second quarter. Sigma Investment Counselors Inc. now owns 1,322,000 shares of the company’s stock worth $349,405,000 after acquiring an additional 84,738 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares S&P 100 ETF by 67.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 157,148 shares of the company’s stock valued at $41,535,000 after acquiring an additional 63,454 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in shares of iShares S&P 100 ETF by 1.9% during the 2nd quarter. Fifth Third Bancorp now owns 2,342,784 shares of the company’s stock valued at $619,198,000 after acquiring an additional 43,084 shares in the last quarter.

iShares S&P 100 ETF Trading Up 0.8 %

Shares of NYSEARCA OEF opened at $281.62 on Tuesday. The stock has a fifty day moving average price of $269.40 and a 200 day moving average price of $260.15. iShares S&P 100 ETF has a 12-month low of $193.00 and a 12-month high of $282.18. The company has a market cap of $13.57 billion, a P/E ratio of 28.76 and a beta of 1.04.

iShares S&P 100 ETF 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.