Elevation Capital Advisory LLC Sells 8,630 Shares of iShares S&P 100 ETF $OEF

Elevation Capital Advisory LLC trimmed its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 22.4% in the third quarter, Holdings Channel.com reports. The firm owned 29,814 shares of the company’s stock after selling 8,630 shares during the quarter. iShares S&P 100 ETF comprises 4.0% of Elevation Capital Advisory LLC’s portfolio, making the stock its 5th largest holding. Elevation Capital Advisory LLC’s holdings in iShares S&P 100 ETF were worth $9,923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OEF. Phillips Financial Management LLC purchased a new stake in iShares S&P 100 ETF in the 3rd quarter worth approximately $30,000. Bogart Wealth LLC raised its holdings in shares of iShares S&P 100 ETF by 217.2% during the second quarter. Bogart Wealth LLC now owns 92 shares of the company’s stock worth $28,000 after acquiring an additional 63 shares in the last quarter. Corsicana & Co. acquired a new stake in iShares S&P 100 ETF during the third quarter valued at $32,000. Sage Mountain Advisors LLC grew its stake in iShares S&P 100 ETF by 125.5% in the third quarter. Sage Mountain Advisors LLC now owns 106 shares of the company’s stock valued at $35,000 after purchasing an additional 59 shares in the last quarter. Finally, Beacon Capital Management LLC purchased a new position in iShares S&P 100 ETF in the second quarter valued at about $37,000.

iShares S&P 100 ETF Price Performance

OEF opened at $340.96 on Friday. The company has a market capitalization of $29.19 billion, a PE ratio of 27.17 and a beta of 1.00. iShares S&P 100 ETF has a fifty-two week low of $232.57 and a fifty-two week high of $349.08. The business has a 50-day moving average of $341.98 and a 200-day moving average of $331.10.

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.