Sovran Advisors LLC Buys 12,593 Shares of iShares S&P 100 ETF $OEF

Sovran Advisors LLC lifted its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 79.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,472 shares of the company’s stock after buying an additional 12,593 shares during the quarter. iShares S&P 100 ETF makes up approximately 0.9% of Sovran Advisors LLC’s portfolio, making the stock its 24th biggest holding. Sovran Advisors LLC’s holdings in iShares S&P 100 ETF were worth $9,800,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. WealthShield Partners LLC boosted its holdings in iShares S&P 100 ETF by 68.3% in the 3rd quarter. WealthShield Partners LLC now owns 30,921 shares of the company’s stock valued at $10,292,000 after purchasing an additional 12,546 shares during the period. EWA LLC boosted its stake in iShares S&P 100 ETF by 38.5% during the third quarter. EWA LLC now owns 10,164 shares of the company’s stock valued at $3,383,000 after buying an additional 2,826 shares during the period. Liberty Wealth Management LLC grew its position in iShares S&P 100 ETF by 6.1% during the third quarter. Liberty Wealth Management LLC now owns 28,898 shares of the company’s stock worth $9,618,000 after buying an additional 1,668 shares in the last quarter. PMG Wealth Management Inc. increased its stake in iShares S&P 100 ETF by 1.3% in the 3rd quarter. PMG Wealth Management Inc. now owns 26,510 shares of the company’s stock worth $8,789,000 after acquiring an additional 337 shares during the last quarter. Finally, First Citizens Bank & Trust Co. purchased a new stake in iShares S&P 100 ETF in the third quarter valued at approximately $272,000.

iShares S&P 100 ETF Price Performance

OEF stock opened at $341.39 on Monday. The firm has a 50 day simple moving average of $342.04 and a two-hundred day simple moving average of $331.71. The stock has a market cap of $29.22 billion, a PE ratio of 27.17 and a beta of 1.00. iShares S&P 100 ETF has a one year low of $232.57 and a one year high of $349.08.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.